Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Sees Strong Trading Volume – What’s Next?

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) saw unusually-strong trading volume on Friday . 182,349 shares traded hands during mid-day trading, a decline of 42% from the previous session’s volume of 316,241 shares.The stock last traded at $48.52 and had previously closed at $48.32.

Horizon Kinetics Inflation Beneficiaries ETF Trading Up 1.3%

The company’s 50-day simple moving average is $52.06 and its 200 day simple moving average is $50.40. The stock has a market cap of $1.41 billion, a P/E ratio of -2,122.42 and a beta of 0.68.

Institutional Trading of Horizon Kinetics Inflation Beneficiaries ETF

A number of hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 306.1% in the 3rd quarter. Ameriflex Group Inc. now owns 4,906 shares of the company’s stock valued at $219,000 after purchasing an additional 3,698 shares during the period. Principia Wealth Advisory LLC raised its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 5.1% during the 4th quarter. Principia Wealth Advisory LLC now owns 9,655 shares of the company’s stock worth $429,000 after purchasing an additional 465 shares during the period. NewEdge Advisors LLC raised its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.4% during the 2nd quarter. NewEdge Advisors LLC now owns 12,009 shares of the company’s stock worth $506,000 after purchasing an additional 1,028 shares during the period. Copia Wealth Management boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.4% in the 4th quarter. Copia Wealth Management now owns 15,803 shares of the company’s stock worth $703,000 after buying an additional 217 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.9% in the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock worth $4,448,000 after buying an additional 1,845 shares during 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.