Ieq Capital LLC Purchases Shares of 437,717 Kinder Morgan Canada Limited $KMLGF

Ieq Capital LLC acquired a new stake in Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the second quarter, HoldingsChannel reports. The institutional investor acquired 437,717 shares of the company’s stock, valued at approximately $13,994,000.

A number of other hedge funds 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 about $1,444,000. Diversify Advisory Services LLC bought a new stake in Kinder Morgan Canada in the second quarter valued at about $1,460,000. BOK Financial Private Wealth Inc. acquired a new position in Kinder Morgan Canada in the second quarter worth about $49,000. Compass Wealth Management LLC acquired a new position in Kinder Morgan Canada in the second quarter worth about $3,847,000. Finally, Amplify Investments LLC bought a new position in Kinder Morgan Canada during the second quarter worth about $512,000.

Kinder Morgan Canada Price Performance

OTCMKTS KMLGF opened at $10.88 on Friday. The stock’s 50 day moving average is $10.88 and its two-hundred day moving average is $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.