Private Trust Co. NA Raises Stock Position in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Private Trust Co. NA raised its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 2,495.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,777 shares of the company’s stock after buying an additional 2,670 shares during the period. Private Trust Co. NA’s holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $106,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 14.1% in the 4th quarter. Bank of New York Mellon Corp now owns 284,096 shares of the company’s stock worth $10,818,000 after purchasing an additional 35,168 shares during the period. Captrust Financial Advisors increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 4.3% during the third quarter. Captrust Financial Advisors now owns 263,725 shares of the company’s stock valued at $9,913,000 after buying an additional 10,872 shares during the last quarter. Longview Financial Advisors Inc. raised its position in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the fourth quarter. Longview Financial Advisors Inc. now owns 156,793 shares of the company’s stock worth $5,971,000 after acquiring an additional 7,649 shares during the period. Hilltop National Bank boosted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 25.0% during the 4th quarter. Hilltop National Bank now owns 124,115 shares of the company’s stock worth $4,726,000 after acquiring an additional 24,840 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 42.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 90,067 shares of the company’s stock valued at $3,430,000 after acquiring an additional 26,925 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

NYSEARCA:INFL opened at $39.48 on Wednesday. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 22.38 and a beta of 0.87. The business has a fifty day moving average price of $39.64 and a 200-day moving average price of $39.24. Horizon Kinetics Inflation Beneficiaries ETF has a one year low of $30.96 and a one year high of $43.13.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

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.