Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Shares Sold by STAR Financial Bank

STAR Financial Bank cut its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 40.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,991 shares of the company’s stock after selling 11,502 shares during the period. STAR Financial Bank’s holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $535,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Defender Capital LLC. grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 36.0% during the 4th quarter. Defender Capital LLC. now owns 18,900 shares of the company’s stock valued at $595,000 after acquiring an additional 5,000 shares during the period. Lowe Wealth Advisors LLC grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 0.8% during the 4th quarter. Lowe Wealth Advisors LLC now owns 207,845 shares of the company’s stock valued at $6,541,000 after acquiring an additional 1,695 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 30.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 94,371 shares of the company’s stock valued at $2,873,000 after acquiring an additional 22,163 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Stock Up 0.2 %

Shares of NYSEARCA:INFL traded up $0.07 during trading on Wednesday, reaching $32.63. 33,617 shares of the company’s stock traded hands, compared to its average volume of 168,948. Horizon Kinetics Inflation Beneficiaries ETF has a fifty-two week low of $29.15 and a fifty-two week high of $33.48. The firm has a market cap of $639.55 million, a PE ratio of 14.64 and a beta of 0.69. The company has a 50-day simple moving average of $32.69 and a 200-day simple moving average of $31.52.

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.