Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sees Unusually-High Trading Volume – What’s Next?

Shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) saw unusually-high trading volume on Monday . Approximately 50,689 shares were traded during trading, a decline of 47% from the previous session’s volume of 95,100 shares.The stock last traded at $39.10 and had previously closed at $39.01.

Horizon Kinetics Inflation Beneficiaries ETF Trading Up 1.4 %

The company has a market cap of $772.83 million, a price-to-earnings ratio of 14.64 and a beta of 0.69. The firm has a 50-day moving average price of $40.04 and a 200 day moving average price of $38.03.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

Institutional investors have recently added to or reduced their stakes in the business. Hilltop National Bank boosted its holdings in shares of 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. Captrust Financial Advisors boosted its stake in 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 valued at $9,913,000 after acquiring an additional 10,872 shares during the period. Moody Lynn & Lieberson LLC bought a new position in shares of Horizon Kinetics Inflation Beneficiaries ETF during the third quarter valued at approximately $370,000. Longview Financial Advisors Inc. raised its position 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 worth $5,606,000 after purchasing an additional 712 shares during the period. Finally, Lowe Wealth Advisors LLC lifted its holdings in shares of 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 worth $8,667,000 after purchasing an additional 7,740 shares during the last quarter.

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.