Cooper Investors PTY Ltd. Sells 66,367 Shares of Horizon Kinetics Inflation Beneficiaries ETF $INFL

Cooper Investors PTY Ltd. trimmed its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 38.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,357 shares of the company’s stock after selling 66,367 shares during the quarter. Horizon Kinetics Inflation Beneficiaries ETF accounts for 2.4% of Cooper Investors PTY Ltd.’s portfolio, making the stock its 18th largest holding. Cooper Investors PTY Ltd. owned approximately 0.36% of Horizon Kinetics Inflation Beneficiaries ETF worth $5,305,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of INFL. Bank of New York Mellon Corp raised its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.7% in the 1st quarter. Bank of New York Mellon Corp now owns 433,834 shares of the company’s stock worth $22,585,000 after buying an additional 38,447 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 4.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 303,553 shares of the company’s stock worth $13,496,000 after buying an additional 12,300 shares during the period. Captrust Financial Advisors boosted its stake in Horizon Kinetics Inflation Beneficiaries ETF by 4.3% in the 4th quarter. Captrust Financial Advisors now owns 275,747 shares of the company’s stock valued at $12,260,000 after buying an additional 11,460 shares in the last quarter. Longview Financial Advisors Inc. boosted its stake in Horizon Kinetics Inflation Beneficiaries ETF by 5.7% in the 2nd quarter. Longview Financial Advisors Inc. now owns 187,257 shares of the company’s stock valued at $9,340,000 after buying an additional 10,049 shares in the last quarter. Finally, Waterloo Capital L.P. grew its position in Horizon Kinetics Inflation Beneficiaries ETF by 1.9% in the fourth quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock valued at $4,448,000 after acquiring an additional 1,845 shares during the period.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

Horizon Kinetics Inflation Beneficiaries ETF stock opened at $51.41 on Wednesday. The stock has a fifty day moving average price of $50.52 and a two-hundred day moving average price of $51.46. Horizon Kinetics Inflation Beneficiaries ETF has a 52-week low of $41.77 and a 52-week high of $55.17. The firm has a market capitalization of $1.51 billion, a P/E ratio of -2,228.63 and a beta of 0.69.

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.