Bank of Montreal Adds $20M in Brookfield Infrastructure Corporation ($BIPC)
Key Points
- Bank of Montreal changed its Brookfield Infrastructure Corporation ($BIPC) stake by 9.5% last quarter, boosting to 5,792,101 shares worth $234.35 million.
- $BIPC last traded around $40.46.
Bank of Montreal increased its position in Brookfield Infrastructure Corporation ($BIPC) by 9.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,792,101 shares of Brookfield Infrastructure Corporation after buying 502,897 shares during the quarter. Bank of Montreal's holdings in Brookfield Infrastructure Corporation were worth $234.35 million as of its most recent filing.
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About Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates utility investments in Brazil, the United Kingdom, and internationally. It also engages in the regulated gas and electricity business; and operation of regulated natural gas transmission systems. The company operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais, Brazil; gas and electricity connections in the United Kingdom; and a global fleet of twenty-foot equivalent units intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.
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