Beta Wealth Group Inc. Acquires New Shares in Harbor Commodity All-Weather Strategy ETF $HGER

Beta Wealth Group Inc. acquired a new position in shares of Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 188,481 shares of the company’s stock, valued at approximately $4,863,000. Harbor Commodity All-Weather Strategy ETF makes up about 1.9% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 19th largest position. Beta Wealth Group Inc. owned 0.42% of Harbor Commodity All-Weather Strategy ETF as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in HGER. Nvwm LLC lifted its stake in Harbor Commodity All-Weather Strategy ETF by 36.6% in the 2nd quarter. Nvwm LLC now owns 91,715 shares of the company’s stock worth $2,228,000 after purchasing an additional 24,587 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Harbor Commodity All-Weather Strategy ETF in the second quarter worth $72,000. Ellsworth Advisors LLC increased its holdings in shares of Harbor Commodity All-Weather Strategy ETF by 8.2% in the third quarter. Ellsworth Advisors LLC now owns 429,093 shares of the company’s stock worth $11,182,000 after purchasing an additional 32,355 shares during the period. Envestnet Asset Management Inc. boosted its stake in Harbor Commodity All-Weather Strategy ETF by 62.4% during the second quarter. Envestnet Asset Management Inc. now owns 136,353 shares of the company’s stock valued at $3,312,000 after buying an additional 52,384 shares during the period. Finally, 3EDGE Asset Management LP boosted its stake in Harbor Commodity All-Weather Strategy ETF by 182.6% during the third quarter. 3EDGE Asset Management LP now owns 2,031,337 shares of the company’s stock valued at $52,431,000 after buying an additional 1,312,638 shares during the period.

Harbor Commodity All-Weather Strategy ETF Stock Performance

Shares of NYSEARCA HGER opened at $26.93 on Tuesday. The stock’s 50-day simple moving average is $25.95 and its two-hundred day simple moving average is $25.81. Harbor Commodity All-Weather Strategy ETF has a twelve month low of $22.07 and a twelve month high of $28.64.

Harbor Commodity All-Weather Strategy ETF Profile

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.