Paradigm Capital Management LLC NV Makes New Investment in Kinder Morgan Canada Limited $KMLGF

Paradigm Capital Management LLC NV bought a new position in shares of Kinder Morgan Canada Limited (OTCMKTS:KMLGF) during the 2nd quarter, HoldingsChannel reports. The firm bought 75,056 shares of the company’s stock, valued at approximately $2,400,000. Kinder Morgan Canada comprises approximately 2.1% of Paradigm Capital Management LLC NV’s holdings, making the stock its 12th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. Addison Advisors LLC purchased a new position in shares of Kinder Morgan Canada in the second quarter valued at $37,000. Rakuten Securities Inc. purchased a new stake in Kinder Morgan Canada during the 2nd quarter worth about $38,000. BOK Financial Private Wealth Inc. purchased a new stake in Kinder Morgan Canada during the 2nd quarter worth about $49,000. Keating Financial Advisory Services Inc. bought a new position in Kinder Morgan Canada in the 2nd quarter worth about $58,000. Finally, Aberdeen Wealth Management LLC bought a new position in Kinder Morgan Canada in the 2nd quarter worth about $100,000.

Kinder Morgan Canada Price Performance

KMLGF stock opened at $10.88 on Tuesday. Kinder Morgan Canada Limited has a twelve month low of $8.05 and a twelve month high of $35.53. The stock has a 50-day simple moving average of $10.88 and a two-hundred day simple moving average of $10.88.

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.