Man Group plc Purchases Shares of 434,224 Kinder Morgan Canada Limited $KMLGF

Man Group plc acquired a new stake in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 434,224 shares of the company’s stock, valued at approximately $13,882,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in KMLGF. Gables Capital Management Inc. bought a new position in Kinder Morgan Canada in the 2nd quarter valued at about $1,444,000. Diversify Advisory Services LLC bought a new stake in Kinder Morgan Canada during the 2nd quarter worth approximately $1,460,000. BOK Financial Private Wealth Inc. bought a new stake in Kinder Morgan Canada during the 2nd quarter worth approximately $49,000. Compass Wealth Management LLC purchased a new stake in shares of Kinder Morgan Canada in the second quarter worth approximately $3,847,000. Finally, Amplify Investments LLC purchased a new stake in shares of Kinder Morgan Canada in the second quarter worth approximately $512,000.

Kinder Morgan Canada Stock Performance

Shares of Kinder Morgan Canada stock opened at $10.88 on Friday. The stock has a fifty day simple moving average of $10.88 and a 200 day simple moving average of $10.88. Kinder Morgan Canada Limited has a 12-month low of $8.05 and a 12-month high of $35.53.

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.