Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Position Reduced by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC lowered its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 12.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,250 shares of the company’s stock after selling 905 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $204,000 at the end of the most recent reporting period.

Separately, Hilltop National Bank raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 12.6% during the 2nd quarter. Hilltop National Bank now owns 96,217 shares of the company’s stock worth $3,144,000 after buying an additional 10,802 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Trading Up 0.6 %

NYSEARCA INFL traded up $0.20 during trading on Wednesday, hitting $36.53. 34,748 shares of the company traded hands, compared to its average volume of 149,495. The business has a fifty day simple moving average of $34.64 and a 200 day simple moving average of $32.93. Horizon Kinetics Inflation Beneficiaries ETF has a 12 month low of $29.15 and a 12 month high of $36.59. The company has a market capitalization of $715.99 million, a P/E ratio of 14.64 and a beta of 0.69.

Horizon Kinetics Inflation Beneficiaries ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 27th. Shareholders of record on Wednesday, June 26th were issued a $0.1386 dividend. The ex-dividend date of this dividend was Wednesday, June 26th.

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.