Elevation Point Wealth Partners LLC Buys Shares of 221,264 Kinder Morgan Canada Limited $KMLGF

Elevation Point Wealth Partners LLC purchased a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 221,264 shares of the company’s stock, valued at approximately $7,074,000.

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

Kinder Morgan Canada Price Performance

KMLGF opened at $10.88 on Friday. Kinder Morgan Canada Limited has a fifty-two week low of $8.05 and a fifty-two week high of $35.53. The company’s 50 day moving average price is $10.88 and its two-hundred day moving average price is $10.88.

Kinder Morgan Canada Company Profile

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.