Crestwood Advisors Group LLC Has $406,000 Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

Crestwood Advisors Group LLC lowered its stake in Brookfield Infrastructure Co. (NASDAQ:BIPC) by 15.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,354 shares of the company’s stock after selling 1,650 shares during the period. Crestwood Advisors Group LLC’s holdings in Brookfield Infrastructure were worth $406,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Brookfield Infrastructure by 5.6% in the first quarter. Vanguard Group Inc. now owns 5,267,594 shares of the company’s stock valued at $189,844,000 after buying an additional 279,676 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 purchasing an additional 169,892 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Brookfield Infrastructure by 9.0% during the second quarter. Principal Financial Group Inc. now owns 2,872,954 shares of the company’s stock worth $96,704,000 after purchasing an additional 236,355 shares during the period. Epoch Investment Partners Inc. lifted its holdings in shares of Brookfield Infrastructure by 6.5% during the first quarter. Epoch Investment Partners Inc. now owns 2,249,798 shares of the company’s stock worth $81,083,000 after purchasing an additional 136,647 shares during the period. Finally, Copeland Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 23,882 shares during the period. Institutional investors and hedge funds own 70.38% of the company’s stock.

Brookfield Infrastructure Stock Performance

Shares of NASDAQ:BIPC opened at $42.97 on Thursday. The firm has a market cap of $5.67 billion, a PE ratio of 29.84 and a beta of 1.45. The firm’s fifty day moving average is $41.88 and its 200-day moving average is $37.69. Brookfield Infrastructure Co. has a 52 week low of $28.47 and a 52 week high of $44.13.

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.