Envestnet Asset Management Inc. Purchases 533,169 Shares of Horizon Expedition Plus ETF $HBTA

Envestnet Asset Management Inc. raised its holdings in Horizon Expedition Plus ETF (NYSEARCA:HBTA) by 339.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 690,283 shares of the company’s stock after buying an additional 533,169 shares during the quarter. Envestnet Asset Management Inc. owned about 17.00% of Horizon Expedition Plus ETF worth $19,514,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Orion Porfolio Solutions LLC bought a new stake in Horizon Expedition Plus ETF in the second quarter valued at $3,187,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Horizon Expedition Plus ETF during the second quarter valued at about $816,000. Jane Street Group LLC bought a new position in Horizon Expedition Plus ETF in the first quarter worth about $611,000. Osaic Holdings Inc. purchased a new stake in Horizon Expedition Plus ETF in the second quarter worth about $568,000. Finally, Brookwood Investment Group LLC bought a new stake in Horizon Expedition Plus ETF during the 3rd quarter valued at approximately $311,000.

Horizon Expedition Plus ETF Stock Performance

Shares of NYSEARCA:HBTA opened at $28.56 on Friday. Horizon Expedition Plus ETF has a 52-week low of $18.71 and a 52-week high of $29.73. The firm has a market capitalization of $116.52 million, a P/E ratio of 29.06 and a beta of 1.34. The stock has a 50 day moving average price of $29.18 and a 200-day moving average price of $28.32.

About Horizon Expedition Plus ETF

The Horizon Expedition Plus ETF (HBTA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies combined with an options strategy with the aim of providing overall total return. The fund pursues strategic portfolio allocation, along with active security selection. HBTA was launched on Jan 22, 2025 and is issued by Horizon Kinetics.