As Enbridge (ENB) Market Value Declined, Nexus Investment Management Raised Its Position; Hexavest Increased Its Ro…


Nexus Investment Management Inc increased its stake in Enbridge Inc (ENB) by 4.88% based on its latest 2018Q3 regulatory filing with the SEC. Nexus Investment Management Inc bought 19,200 shares as the company’s stock declined 6.96% with the market. The institutional investor held 412,388 shares of the natural gas distribution company at the end of 2018Q3, valued at $13.30M, up from 393,188 at the end of the previous reported quarter. Nexus Investment Management Inc who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $66.61 billion market cap company. The stock increased 2.74% or $0.87 during the last trading session, reaching $32.62. About 4.49M shares traded. Enbridge Inc. (NYSE:ENB) has declined 18.34% since January 6, 2018 and is downtrending. It…

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