Paradigm Capital Management LLC NV bought a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 75,056 shares of the company’s stock, valued at approximately $2,400,000. Kinder Morgan Canada accounts for approximately 2.1% of Paradigm Capital Management LLC NV’s holdings, making the stock its 12th biggest position.
A number of other institutional investors have also recently made changes to their positions in KMLGF. Gables Capital Management Inc. bought a new position in shares of Kinder Morgan Canada during the 2nd quarter worth $1,444,000. Diversify Advisory Services LLC purchased a new stake in Kinder Morgan Canada in the 2nd quarter worth about $1,460,000. BOK Financial Private Wealth Inc. bought a new stake in Kinder Morgan Canada in the 2nd quarter valued at about $49,000. Compass Wealth Management LLC bought a new stake in Kinder Morgan Canada in the 2nd quarter valued at about $3,847,000. Finally, Amplify Investments LLC purchased a new stake in Kinder Morgan Canada during the second quarter valued at about $512,000.
Kinder Morgan Canada Stock Performance
Shares of OTCMKTS:KMLGF opened at $10.88 on Tuesday. Kinder Morgan Canada Limited has a twelve month low of $8.05 and a twelve month high of $35.53. The company has a 50-day moving average price of $10.88 and a two-hundred day moving average price of $10.88.
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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