Cibc World Market Inc. Invests $30.86 Million in Kinder Morgan Canada Limited $KMLGF

Cibc World Market Inc. 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 965,435 shares of the company’s stock, valued at approximately $30,865,000.

Other large investors also recently made changes to their positions in the company. Addison Advisors LLC purchased a new position in Kinder Morgan Canada during the second quarter worth about $37,000. Rakuten Securities Inc. purchased a new stake in Kinder Morgan Canada in the 2nd quarter valued at about $38,000. BOK Financial Private Wealth Inc. bought a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $49,000. Keating Financial Advisory Services Inc. bought a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $58,000. Finally, Hara Capital LLC bought a new position in shares of Kinder Morgan Canada during the 2nd quarter worth approximately $201,000.

Kinder Morgan Canada Stock Performance

Shares of OTCMKTS KMLGF opened at $10.88 on Monday. The stock’s 50 day moving average price is $10.88 and its 200-day moving average price is $10.88. Kinder Morgan Canada Limited has a twelve month low of $8.05 and a twelve month 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.