Harbor Capital Advisors Inc. Has $1.98 Million Stake in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Harbor Capital Advisors Inc. boosted its holdings in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 110.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,600 shares of the company’s stock after acquiring an additional 23,953 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Brookfield Infrastructure were worth $1,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BIPC. Vanguard Group Inc. boosted its position in Brookfield Infrastructure by 5.6% during the first quarter. Vanguard Group Inc. now owns 5,267,594 shares of the company’s stock valued at $189,844,000 after acquiring an additional 279,676 shares during the last quarter. Bank of Montreal Can grew its holdings in Brookfield Infrastructure by 3.9% during the second quarter. Bank of Montreal Can now owns 4,527,120 shares of the company’s stock worth $153,880,000 after buying an additional 169,892 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Brookfield Infrastructure by 9.0% in the second quarter. Principal Financial Group Inc. now owns 2,872,954 shares of the company’s stock valued at $96,704,000 after purchasing an additional 236,355 shares during the last quarter. Epoch Investment Partners Inc. lifted its position in shares of Brookfield Infrastructure by 6.5% during the 1st quarter. Epoch Investment Partners Inc. now owns 2,249,798 shares of the company’s stock worth $81,083,000 after buying an additional 136,647 shares in the last quarter. Finally, Copeland Capital Management LLC lifted its holdings in Brookfield Infrastructure by 1.2% during the third quarter. Copeland Capital Management LLC now owns 2,081,877 shares of the company’s stock worth $90,416,000 after acquiring an additional 23,882 shares during the period. 70.38% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Infrastructure Stock Performance

Shares of NASDAQ:BIPC opened at $40.85 on Tuesday. The company’s 50-day moving average is $41.87 and its 200 day moving average is $37.62. Brookfield Infrastructure Co. has a fifty-two week low of $28.47 and a fifty-two week high of $44.13. The company has a market capitalization of $5.39 billion, a P/E ratio of 28.37 and a beta of 1.45.

About Brookfield Infrastructure

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.