Sugarloaf Wealth Management LLC Has $12.02 Million Stock Holdings in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Sugarloaf Wealth Management LLC grew its holdings in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 393,287 shares of the company’s stock after acquiring an additional 21,017 shares during the quarter. Horizon Kinetics Inflation Beneficiaries ETF accounts for about 2.8% of Sugarloaf Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Sugarloaf Wealth Management LLC’s holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $12,023,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of Horizon Kinetics Inflation Beneficiaries ETF in the first quarter worth about $226,000. Defender Capital LLC. acquired a new position in Horizon Kinetics Inflation Beneficiaries ETF during the first quarter valued at approximately $561,000. Bank of New York Mellon Corp acquired a new position in Horizon Kinetics Inflation Beneficiaries ETF during the first quarter valued at approximately $743,000. Sentinus LLC boosted its position in Horizon Kinetics Inflation Beneficiaries ETF by 9.0% during the fourth quarter. Sentinus LLC now owns 24,050 shares of the company’s stock valued at $757,000 after purchasing an additional 1,988 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its position in Horizon Kinetics Inflation Beneficiaries ETF by 1.7% during the fourth quarter. OLD Mission Capital LLC now owns 45,765 shares of the company’s stock valued at $1,441,000 after purchasing an additional 768 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Stock Performance

NYSEARCA INFL traded down $0.16 during trading hours on Tuesday, hitting $31.44. 52,595 shares of the company traded hands, compared to its average volume of 203,718. The business’s 50-day moving average is $31.55 and its 200-day moving average is $30.85. Horizon Kinetics Inflation Beneficiaries ETF has a twelve month low of $27.05 and a twelve month high of $33.47. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 13.46 and a beta of 0.92.

Horizon Kinetics Inflation Beneficiaries ETF Profile

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.