221,264 Shares in Kinder Morgan Canada Limited $KMLGF Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC bought a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, Holdings Channel.com reports. The firm bought 221,264 shares of the company’s stock, valued at approximately $7,074,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kayne Anderson Capital Advisors LP bought a new stake in shares of Kinder Morgan Canada in the 2nd quarter valued at about $297,670,000. Advisors Capital Management LLC bought a new position in shares of Kinder Morgan Canada during the second quarter worth about $97,668,000. Bruni J V & Co. Co. bought a new position in shares of Kinder Morgan Canada during the second quarter worth about $45,364,663,000. Korea Investment CORP bought a new position in shares of Kinder Morgan Canada during the second quarter worth about $40,983,000. Finally, Ieq Capital LLC acquired a new position in shares of Kinder Morgan Canada in the second quarter worth approximately $13,994,000.

Kinder Morgan Canada Price Performance

Kinder Morgan Canada stock opened at $10.88 on Friday. The stock’s 50 day moving average is $10.88 and its 200 day moving average is $10.88. Kinder Morgan Canada Limited has a one year low of $8.05 and a one 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.