Caisse de depot et placement du Quebec Takes Position in Kinder Morgan Canada Limited $KMLGF

Caisse de depot et placement du Quebec bought a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,905,831 shares of the company’s stock, valued at approximately $60,929,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Legal & General Group Plc acquired a new stake in Kinder Morgan Canada in the 2nd quarter valued at $412,246,000. Kayne Anderson Capital Advisors LP acquired a new position in Kinder Morgan Canada during the second quarter worth $297,670,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Kinder Morgan Canada during the second quarter worth $176,257,000. Advisors Capital Management LLC purchased a new position in Kinder Morgan Canada during the second quarter valued at $97,668,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Kinder Morgan Canada during the second quarter valued at $96,612,000.

Kinder Morgan Canada Stock Performance

Shares of OTCMKTS KMLGF opened at $10.88 on Friday. The company’s 50-day simple moving average is $10.88 and its 200-day simple moving average is $10.88. Kinder Morgan Canada Limited has a 52-week low of $8.05 and a 52-week 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.