Envestnet Asset Management Inc. Raises Holdings in Harbor Commodity All-Weather Strategy ETF $HGER

Envestnet Asset Management Inc. increased its position in shares of Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) by 62.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,353 shares of the company’s stock after buying an additional 52,384 shares during the period. Envestnet Asset Management Inc. owned about 0.61% of Harbor Commodity All-Weather Strategy ETF worth $3,312,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Eastern Bank grew its holdings in Harbor Commodity All-Weather Strategy ETF by 295.3% during the 1st quarter. Eastern Bank now owns 1,759 shares of the company’s stock worth $42,000 after acquiring an additional 1,314 shares in the last quarter. Harbour Investments Inc. bought a new stake in shares of Harbor Commodity All-Weather Strategy ETF in the 1st quarter valued at about $74,000. Financial Network Wealth Advisors LLC lifted its position in shares of Harbor Commodity All-Weather Strategy ETF by 228.1% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 5,830 shares of the company’s stock worth $140,000 after purchasing an additional 4,053 shares during the period. Sheets Smith Wealth Management bought a new position in shares of Harbor Commodity All-Weather Strategy ETF during the second quarter valued at approximately $251,000. Finally, Advisory Alpha LLC boosted its stake in shares of Harbor Commodity All-Weather Strategy ETF by 9.1% during the first quarter. Advisory Alpha LLC now owns 16,724 shares of the company’s stock valued at $402,000 after purchasing an additional 1,401 shares in the last quarter.

Harbor Commodity All-Weather Strategy ETF Price Performance

Shares of HGER stock opened at $26.71 on Friday. The company’s 50 day moving average is $26.04 and its 200 day moving average is $24.98. Harbor Commodity All-Weather Strategy ETF has a 52-week low of $21.73 and a 52-week high of $27.12.

About Harbor Commodity All-Weather Strategy ETF

The Harbor All-Weather Inflation Focus ETF (HGER) is an exchange-traded fund that is based on the Quantix Inflation index. The fund tracks an index designed to provide broad exposure to inflation-sensitive commodities, selected and weighted based on fundamental and technical factors. The objective of the fund is to hedge inflation HGER was launched on Feb 9, 2022 and is managed by Harbor.