Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sees Unusually-High Trading Volume – Here’s Why

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) saw strong trading volume on Monday . 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 stock’s 50 day moving average price is $40.04 and its two-hundred day moving average price is $38.03. The firm has a market capitalization of $772.83 million, a price-to-earnings ratio of 14.64 and a beta of 0.69.

Hedge Funds Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Several hedge funds have recently bought and sold shares of INFL. Moody Lynn & Lieberson LLC acquired a new stake in Horizon Kinetics Inflation Beneficiaries ETF in the third quarter valued at $370,000. Hilltop National Bank boosted its position 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 worth $4,726,000 after buying an additional 24,840 shares in the last quarter. Longview Financial Advisors Inc. grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 0.5% in 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. Lowe Wealth Advisors LLC grew its stake in 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 valued at $8,667,000 after acquiring an additional 7,740 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 4.3% during the 3rd 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 in 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.