State of New Jersey Common Pension Fund D Has $2.11 Million Stock Position in Brookfield Infrastructure Co. (NASDAQ:BIPC)

State of New Jersey Common Pension Fund D boosted its stake in shares of Brookfield Infrastructure Co. (NASDAQ:BIPC) by 8.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,795 shares of the company’s stock after buying an additional 4,584 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Brookfield Infrastructure were worth $2,110,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BIPC. Allworth Financial LP increased its position in shares of Brookfield Infrastructure by 169.8% in the fourth quarter. Allworth Financial LP now owns 707 shares of the company’s stock worth $25,000 after acquiring an additional 445 shares in the last quarter. CWM LLC grew its position in Brookfield Infrastructure by 81.6% during the 3rd quarter. CWM LLC now owns 2,059 shares of the company’s stock worth $73,000 after purchasing an additional 925 shares in the last quarter. Signaturefd LLC raised its stake in Brookfield Infrastructure by 178.0% during the 4th quarter. Signaturefd LLC now owns 3,019 shares of the company’s stock valued at $106,000 after purchasing an additional 1,933 shares during the period. NBC Securities Inc. purchased a new stake in shares of Brookfield Infrastructure in the third quarter valued at $121,000. Finally, Whittier Trust Co. boosted its position in shares of Brookfield Infrastructure by 1,028.5% in the third quarter. Whittier Trust Co. now owns 3,916 shares of the company’s stock worth $138,000 after buying an additional 3,569 shares during the period. 70.38% of the stock is owned by hedge funds and other institutional investors.

Brookfield Infrastructure Trading Up 2.5 %

Shares of BIPC stock opened at $31.23 on Thursday. The stock’s fifty day simple moving average is $33.14 and its 200-day simple moving average is $33.21. The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of 21.69 and a beta of 1.38. Brookfield Infrastructure Co. has a 1-year low of $25.48 and a 1-year high of $48.23.

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.