Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Shares Bought by Hilltop National Bank

Hilltop National Bank boosted its position in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 25.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,115 shares of the company’s stock after buying an additional 24,840 shares during the period. Horizon Kinetics Inflation Beneficiaries ETF makes up approximately 1.4% of Hilltop National Bank’s portfolio, making the stock its 9th biggest position. Hilltop National Bank owned approximately 0.63% of Horizon Kinetics Inflation Beneficiaries ETF worth $4,726,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in Horizon Kinetics Inflation Beneficiaries ETF by 23.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 223,372 shares of the company’s stock worth $7,300,000 after purchasing an additional 42,538 shares in the last quarter. Lowe Wealth Advisors LLC raised its stake in Horizon Kinetics Inflation Beneficiaries ETF by 3.5% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 230,564 shares of the company’s stock valued at $8,667,000 after acquiring an additional 7,740 shares during the period. Longview Financial Advisors Inc. lifted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 0.5% during the 3rd quarter. Longview Financial Advisors Inc. now owns 149,144 shares of the company’s stock valued at $5,606,000 after buying an additional 712 shares in the last quarter. Moody Lynn & Lieberson LLC purchased a new stake in shares of Horizon Kinetics Inflation Beneficiaries ETF during the third quarter worth $370,000. Finally, Captrust Financial Advisors lifted its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 4.3% during the 3rd quarter. Captrust Financial Advisors now owns 263,725 shares of the company’s stock worth $9,913,000 after purchasing an additional 10,872 shares in the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

NYSEARCA:INFL traded down $0.18 during trading hours on Friday, hitting $38.89. The stock had a trading volume of 59,149 shares, compared to its average volume of 83,276. The firm has a market capitalization of $762.24 million, a price-to-earnings ratio of 14.64 and a beta of 0.69. Horizon Kinetics Inflation Beneficiaries ETF has a one year low of $29.50 and a one year high of $43.13. The company has a 50 day simple moving average of $40.09 and a two-hundred day simple moving average of $37.82.

About Horizon Kinetics Inflation Beneficiaries ETF

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.