Bank of New York Mellon Corp Increases Stock Holdings in Horizon Expedition Plus ETF $HBTA

Bank of New York Mellon Corp increased its stake in Horizon Expedition Plus ETF (NYSEARCA:HBTA) by 1.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,566,831 shares of the company’s stock after acquiring an additional 29,376 shares during the quarter. Bank of New York Mellon Corp owned approximately 34.82% of Horizon Expedition Plus ETF worth $41,960,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new stake in shares of Horizon Expedition Plus ETF during the fourth quarter worth approximately $32,000. HBW Advisory Services LLC acquired a new stake in shares of Horizon Expedition Plus ETF in the fourth quarter valued at approximately $152,000. Ausdal Financial Partners Inc. purchased a new position in Horizon Expedition Plus ETF during the third quarter worth approximately $282,000. JPMorgan Chase & Co. purchased a new position in Horizon Expedition Plus ETF during the third quarter worth approximately $440,000. Finally, Osaic Holdings Inc. acquired a new position in Horizon Expedition Plus ETF during the second quarter worth $568,000.

Horizon Expedition Plus ETF Stock Down 1.7%

Shares of HBTA opened at $30.83 on Friday. Horizon Expedition Plus ETF has a 52-week low of $25.52 and a 52-week high of $33.30. The stock has a fifty day simple moving average of $32.25 and a two-hundred day simple moving average of $30.19. The company has a market capitalization of $221.98 million, a PE ratio of 29.06 and a beta of 1.52.

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.