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

Harbor Capital Advisors Inc. grew its stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC - Free Report) by 110.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in Brookfield Infrastructure by 20.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 6,728 shares of the company's stock worth $242,000 after purchasing an additional 1,126 shares in the last quarter. HBC Financial Services PLLC purchased a new stake in Brookfield Infrastructure in the first quarter valued at about $29,000. SG Americas Securities LLC increased its holdings in shares of Brookfield Infrastructure by 27.9% in the first quarter. SG Americas Securities LLC now owns 15,716 shares of the company's stock valued at $566,000 after purchasing an additional 3,431 shares during the period. Karpas Strategies LLC grew its holdings in Brookfield Infrastructure by 0.8% during the first quarter. Karpas Strategies LLC now owns 75,972 shares of the company's stock worth $2,738,000 after acquiring an additional 598 shares during the period. Finally, Avalon Trust Co grew its holdings in Brookfield Infrastructure by 3.6% in the first quarter. Avalon Trust Co now owns 171,973 shares of the company's stock valued at $6,198,000 after purchasing an additional 5,906 shares during the period. 70.38% of the stock is currently owned by institutional investors.

Brookfield Infrastructure Price Performance

Brookfield Infrastructure stock traded up $0.50 during trading on Tuesday, reaching $41.35. 388,264 shares of the company were exchanged, compared to its average volume of 507,189. The stock's 50 day simple moving average is $41.88 and its two-hundred day simple moving average is $37.69. The company has a market capitalization of $5.46 billion, a P/E ratio of 28.72 and a beta of 1.45. Brookfield Infrastructure Co. has a 52-week low of $28.47 and a 52-week high of $44.13.

Brookfield Infrastructure 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.