Lowe Wealth Advisors LLC Acquires 426 Shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Lowe Wealth Advisors LLC grew its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 230,990 shares of the company’s stock after buying an additional 426 shares during the period. Horizon Kinetics Inflation Beneficiaries ETF accounts for 3.7% of Lowe Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Lowe Wealth Advisors LLC owned approximately 1.18% of Horizon Kinetics Inflation Beneficiaries ETF worth $8,796,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in INFL. Moody Lynn & Lieberson LLC acquired a new position in Horizon Kinetics Inflation Beneficiaries ETF in the third quarter valued at $370,000. Hilltop National Bank grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 25.0% in the 4th quarter. Hilltop National Bank now owns 124,115 shares of the company’s stock valued at $4,726,000 after buying an additional 24,840 shares during the period. Longview Financial Advisors Inc. increased 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 acquiring an additional 712 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 23.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 223,372 shares of the company’s stock worth $7,300,000 after acquiring an additional 42,538 shares during the period. Finally, Captrust Financial Advisors boosted its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 4.3% in the third quarter. Captrust Financial Advisors now owns 263,725 shares of the company’s stock worth $9,913,000 after acquiring an additional 10,872 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

INFL stock traded down $0.06 on Friday, hitting $39.01. 198,551 shares of the company were exchanged, compared to its average volume of 100,214. The stock has a market capitalization of $764.60 million, a price-to-earnings ratio of 14.64 and a beta of 0.69. Horizon Kinetics Inflation Beneficiaries ETF has a twelve month low of $29.50 and a twelve month high of $43.13. The business’s fifty day moving average is $40.09 and its two-hundred day moving average is $37.82.

Horizon Kinetics Inflation Beneficiaries ETF 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.