Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sees Large Volume Increase – Here’s What Happened

by · The Cerbat Gem

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL – Get Free Report) shares saw strong trading volume on Tuesday . 331,504 shares traded hands during trading, an increase of 6% from the previous session’s volume of 311,329 shares.The stock last traded at $53.37 and had previously closed at $53.27.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -2,264.18 and a beta of 0.70. The company’s fifty day moving average price is $52.67 and its 200-day moving average price is $49.42.

Hedge Funds Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Hedge funds have recently modified their holdings of the stock. Copia Wealth Management increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 1.4% in the 4th quarter. Copia Wealth Management now owns 15,803 shares of the company’s stock worth $703,000 after buying an additional 217 shares during the period. IFP Advisors Inc increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 0.3% in the 3rd quarter. IFP Advisors Inc now owns 110,823 shares of the company’s stock worth $4,953,000 after buying an additional 375 shares during the period. Principia Wealth Advisory LLC increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the 4th quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock worth $429,000 after buying an additional 465 shares during the period. NewEdge Advisors LLC increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 9.4% in the 2nd quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock worth $506,000 after buying an additional 1,028 shares during the period. Finally, Waterloo Capital L.P. increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 1.9% in the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock worth $4,448,000 after buying an additional 1,845 shares during the period.

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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