Freestone Grove Partners LP Buys Shares of 1,344,021 Kinder Morgan Canada Limited $KMLGF

Freestone Grove Partners LP bought a new position in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,344,021 shares of the company’s stock, valued at approximately $42,968,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Caisse de depot et placement du Quebec purchased a new position in shares of Kinder Morgan Canada during the second quarter valued at $60,929,000. Man Group plc purchased a new stake in Kinder Morgan Canada in the second quarter worth about $13,882,000. Invst LLC bought a new position in Kinder Morgan Canada during the 2nd quarter worth about $733,000. Jupiter Topco LLC bought a new position in Kinder Morgan Canada during the 2nd quarter worth about $8,253,000. Finally, Wedbush Fund Advisers LLC purchased a new position in Kinder Morgan Canada during the 2nd quarter valued at about $611,000.

Kinder Morgan Canada Price Performance

OTCMKTS KMLGF opened at $10.88 on Thursday. Kinder Morgan Canada Limited has a one year low of $8.05 and a one year high of $35.53. The company’s 50-day simple moving average is $10.88 and its two-hundred day simple moving average is $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.