Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sees Large Volume Increase – Here’s What Happened

Shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) saw unusually-high trading volume on Tuesday . Approximately 331,504 shares changed hands during trading, an increase of 6% from the previous session’s volume of 311,329 shares.The stock last traded at $53.37 and had previously closed at $53.27.

Horizon Kinetics Inflation Beneficiaries ETF Stock Down 0.1%

The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -2,306.66 and a beta of 0.70. The business’s 50 day simple moving average is $52.66 and its 200-day simple moving average is $49.29.

Institutional Investors Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Large investors have recently bought and sold shares of the company. Ameriflex Group Inc. grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 306.1% during the third quarter. Ameriflex Group Inc. now owns 4,906 shares of the company’s stock worth $219,000 after buying an additional 3,698 shares in the last quarter. Principia Wealth Advisory LLC boosted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the 4th quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock valued at $429,000 after purchasing an additional 465 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.4% in the 2nd quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock valued at $506,000 after purchasing an additional 1,028 shares in the last quarter. Copia Wealth Management raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 25.0% in the 3rd quarter. Copia Wealth Management now owns 15,586 shares of the company’s stock valued at $697,000 after buying an additional 3,117 shares during the last quarter. Finally, Waterloo Capital L.P. raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 2.9% during the 3rd quarter. Waterloo Capital L.P. now owns 98,196 shares of the company’s stock worth $4,389,000 after purchasing an additional 2,797 shares during the last quarter.

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.