Moody Lynn & Lieberson LLC Invests $370,000 in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Moody Lynn & Lieberson LLC purchased a new position in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,841 shares of the company’s stock, valued at approximately $370,000. Moody Lynn & Lieberson LLC owned 0.05% of Horizon Kinetics Inflation Beneficiaries ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Lowe Wealth Advisors LLC grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 3.5% during the third quarter. Lowe Wealth Advisors LLC now owns 230,564 shares of the company’s stock valued at $8,667,000 after purchasing an additional 7,740 shares during the period. Longview Financial Advisors Inc. grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 0.5% during the third quarter. Longview Financial Advisors Inc. now owns 149,144 shares of the company’s stock valued at $5,606,000 after purchasing an additional 712 shares during the period. Bank of New York Mellon Corp grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 23.5% during the second quarter. Bank of New York Mellon Corp now owns 223,372 shares of the company’s stock valued at $7,300,000 after purchasing an additional 42,538 shares during the period. Finally, Hilltop National Bank grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 12.6% during the second quarter. Hilltop National Bank now owns 96,217 shares of the company’s stock valued at $3,144,000 after purchasing an additional 10,802 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Stock Performance

Shares of NYSEARCA INFL opened at $40.09 on Friday. The stock has a market cap of $785.76 million, a P/E ratio of 14.64 and a beta of 0.69. The firm has a 50 day moving average price of $37.70 and a 200 day moving average price of $35.02. Horizon Kinetics Inflation Beneficiaries ETF has a 52-week low of $29.50 and a 52-week high of $40.36.

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.