Pathway Financial Advisers LLC Grows Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Pathway Financial Advisers LLC raised its position in Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 11,621.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 222,479 shares of the company's stock after acquiring an additional 220,581 shares during the quarter. Pathway Financial Advisers LLC owned approximately 0.17% of Brookfield Infrastructure worth $9,662,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. HBC Financial Services PLLC bought a new stake in shares of Brookfield Infrastructure during the 1st quarter valued at $29,000. Heritage Wealth Advisors increased its position in Brookfield Infrastructure by 43.0% in the first quarter. Heritage Wealth Advisors now owns 1,333 shares of the company's stock worth $48,000 after buying an additional 401 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of Brookfield Infrastructure in the first quarter worth about $73,000. Nisa Investment Advisors LLC lifted its position in shares of Brookfield Infrastructure by 11.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,754 shares of the company's stock valued at $93,000 after buying an additional 288 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Brookfield Infrastructure by 10.7% during the 2nd quarter. CWM LLC now owns 3,148 shares of the company's stock valued at $106,000 after acquiring an additional 305 shares during the period. 70.38% of the stock is owned by hedge funds and other institutional investors.

Brookfield Infrastructure Trading Down 1.6 %

NASDAQ BIPC traded down $0.69 on Wednesday, reaching $42.74. 329,276 shares of the stock were exchanged, compared to its average volume of 508,370. Brookfield Infrastructure Co. has a one year low of $25.54 and a one year high of $44.13. The firm has a market capitalization of $5.64 billion, a PE ratio of 29.68 and a beta of 1.44. The company's 50-day simple moving average is $41.84 and its two-hundred day simple moving average is $37.32.

Brookfield Infrastructure Company Profile

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.