GAMMA Investing LLC Acquires New Shares in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

GAMMA Investing LLC bought a new position in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 840 shares of the company’s stock, valued at approximately $34,000.

Other large investors have also bought and sold shares of the company. Ameriflex Group Inc. bought a new position in shares of Horizon Kinetics Inflation Beneficiaries ETF in the 4th quarter worth about $47,000. Copia Wealth Management bought a new position in shares of Horizon Kinetics Inflation Beneficiaries ETF in the 4th quarter worth about $176,000. Principia Wealth Advisory LLC raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 18.0% in the 1st quarter. Principia Wealth Advisory LLC now owns 7,769 shares of the company’s stock worth $299,000 after acquiring an additional 1,184 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 7.2% in the 4th quarter. Baird Financial Group Inc. now owns 82,567 shares of the company’s stock worth $3,144,000 after acquiring an additional 5,577 shares in the last quarter. Finally, Lowe Wealth Advisors LLC raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 1.9% in the 1st quarter. Lowe Wealth Advisors LLC now owns 235,330 shares of the company’s stock worth $9,566,000 after acquiring an additional 4,340 shares in the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

Shares of INFL opened at $41.96 on Friday. The stock has a 50-day moving average of $42.11 and a 200-day moving average of $40.56. The company has a market cap of $1.25 billion, a PE ratio of -1,818.97 and a beta of 0.92. Horizon Kinetics Inflation Beneficiaries ETF has a one year low of $33.32 and a one year high of $43.18.

About Horizon Kinetics Inflation Beneficiaries ETF

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.