Private Trust Co. NA Increases Stock Holdings in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Private Trust Co. NA raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 2,495.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,777 shares of the company’s stock after acquiring an additional 2,670 shares during the quarter. Private Trust Co. NA’s holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $106,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in INFL. Bank of New York Mellon Corp raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 14.1% in the 4th quarter. Bank of New York Mellon Corp now owns 284,096 shares of the company’s stock valued at $10,818,000 after purchasing an additional 35,168 shares during the last quarter. Longview Financial Advisors Inc. increased its stake in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% during the 4th quarter. Longview Financial Advisors Inc. now owns 156,793 shares of the company’s stock valued at $5,971,000 after purchasing an additional 7,649 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 42.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 90,067 shares of the company’s stock worth $3,430,000 after buying an additional 26,925 shares during the last quarter. Hilltop National Bank lifted its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 25.0% during the fourth 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 during the period. Finally, Captrust Financial Advisors grew its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 4.3% during the third quarter. Captrust Financial Advisors now owns 263,725 shares of the company’s stock valued at $9,913,000 after buying an additional 10,872 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

NYSEARCA INFL opened at $39.48 on Wednesday. The stock’s fifty day moving average price is $39.64 and its 200 day moving average price is $39.24. Horizon Kinetics Inflation Beneficiaries ETF has a 1 year low of $30.96 and a 1 year high of $43.13. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 22.38 and a beta of 0.87.

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.