Brookfield Infrastructure Co. (NASDAQ:BIPC) Shares Sold by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC cut its position in Brookfield Infrastructure Co. (NASDAQ:BIPC) by 11.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,154 shares of the company’s stock after selling 915 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Brookfield Infrastructure were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BIPC. Harbor Capital Advisors Inc. lifted its holdings in shares of Brookfield Infrastructure by 292.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 21,647 shares of the company’s stock valued at $729,000 after purchasing an additional 16,132 shares during the last quarter. Toronto Dominion Bank boosted its holdings in shares of Brookfield Infrastructure by 32.0% in the second quarter. Toronto Dominion Bank now owns 149,219 shares of the company’s stock valued at $5,023,000 after acquiring an additional 36,183 shares during the period. Avantax Advisory Services Inc. acquired a new stake in shares of Brookfield Infrastructure in the first quarter valued at approximately $996,000. Bank of Montreal Can increased its holdings in shares of Brookfield Infrastructure by 3.9% in the 2nd quarter. Bank of Montreal Can now owns 4,527,120 shares of the company’s stock valued at $153,880,000 after acquiring an additional 169,892 shares during the period. Finally, National Bank of Canada FI increased its holdings in shares of Brookfield Infrastructure by 2.7% in the 2nd quarter. National Bank of Canada FI now owns 1,272,758 shares of the company’s stock valued at $41,935,000 after acquiring an additional 33,541 shares during the period. Hedge funds and other institutional investors own 70.38% of the company’s stock.

Brookfield Infrastructure Price Performance

Shares of NASDAQ:BIPC opened at $41.07 on Friday. The stock has a market cap of $5.42 billion, a P/E ratio of 28.52 and a beta of 1.45. Brookfield Infrastructure Co. has a 1-year low of $28.47 and a 1-year high of $44.13. The firm has a fifty day moving average price of $41.87 and a 200 day moving average price of $37.49.

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.