Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sets New 12-Month High at $32.77

Shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFLGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $32.77 and last traded at $32.76, with a volume of 6659 shares traded. The stock had previously closed at $32.62.

Horizon Kinetics Inflation Beneficiaries ETF Stock Up 0.8 %

The firm has a market cap of $1.11 billion, a P/E ratio of 13.46 and a beta of 0.92. The firm’s 50-day simple moving average is $30.99 and its 200 day simple moving average is $30.76.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Lowe Wealth Advisors LLC raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 0.8% in the fourth quarter. Lowe Wealth Advisors LLC now owns 207,845 shares of the company’s stock valued at $6,541,000 after purchasing an additional 1,695 shares during the period. Private Trust Co. NA bought a new stake in shares of Horizon Kinetics Inflation Beneficiaries ETF in the third quarter valued at approximately $109,000. Bank of New York Mellon Corp raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 30.7% in the third quarter. Bank of New York Mellon Corp now owns 94,371 shares of the company’s stock valued at $2,873,000 after purchasing an additional 22,163 shares during the period. Captrust Financial Advisors increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 9.3% during the 4th quarter. Captrust Financial Advisors now owns 283,900 shares of the company’s stock worth $8,937,000 after acquiring an additional 24,053 shares during the period. Finally, Green Square Capital Advisors LLC bought a new stake in Horizon Kinetics Inflation Beneficiaries ETF during the 4th quarter worth approximately $7,449,000.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

(Get Free Report)

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.

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