Man Group plc bought a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 434,224 shares of the company’s stock, valued at approximately $13,882,000.
Several other institutional investors have also recently added to or reduced their stakes in KMLGF. Addison Advisors LLC bought a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $37,000. Rakuten Securities Inc. bought a new stake in shares of Kinder Morgan Canada in the 2nd quarter valued at $38,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at $49,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Kinder Morgan Canada during the 2nd quarter valued at $58,000. Finally, Aberdeen Wealth Management LLC bought a new position in Kinder Morgan Canada during the second quarter worth $100,000.
Kinder Morgan Canada Price Performance
KMLGF opened at $10.88 on Friday. The company has a fifty day moving average price of $10.88 and a two-hundred day moving average price of $10.88. Kinder Morgan Canada Limited has a 1-year low of $8.05 and a 1-year high of $35.53.
About Kinder Morgan Canada
Kinder Morgan Canada (OTCMKTS: KMLGF) is a leading energy infrastructure company in Canada, specializing in the transportation and storage of crude oil, refined petroleum products and natural gas liquids. As a subsidiary of Kinder Morgan, Inc, the company operates an extensive network of pipelines and terminals that serve oil producers, refiners and exporters across Western Canada and the Pacific Northwest. Its core business centers on safe, reliable and cost-effective movement of hydrocarbons from production areas in Alberta to domestic markets and coastal export terminals.
The company’s pipeline portfolio includes the Trans Mountain system, which runs from Alberta’s oil sands region to the British Columbia coast, the Cochin pipeline linking Canadian supply hubs with U.S.
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