Lake Street Private Wealth LLC Invests $380,000 in Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER)

Lake Street Private Wealth LLC purchased a new stake in Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) in the first quarter, HoldingsChannel reports. The firm purchased 15,803 shares of the company’s stock, valued at approximately $380,000.

A number of other hedge funds and other institutional investors have also modified their holdings of HGER. 3EDGE Asset Management LP boosted its position in shares of Harbor Commodity All-Weather Strategy ETF by 29.7% during the fourth quarter. 3EDGE Asset Management LP now owns 1,466,875 shares of the company’s stock worth $32,470,000 after purchasing an additional 336,119 shares in the last quarter. Horizon Advisory Services Inc. bought a new position in shares of Harbor Commodity All-Weather Strategy ETF during the fourth quarter worth $25,704,000. Raymond James Financial Inc. bought a new position in shares of Harbor Commodity All-Weather Strategy ETF during the fourth quarter worth $16,143,000. Inspirion Wealth Advisors LLC boosted its position in shares of Harbor Commodity All-Weather Strategy ETF by 9.3% during the first quarter. Inspirion Wealth Advisors LLC now owns 547,798 shares of the company’s stock worth $13,175,000 after purchasing an additional 46,484 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Harbor Commodity All-Weather Strategy ETF by 8.1% during the fourth quarter. HighTower Advisors LLC now owns 363,966 shares of the company’s stock worth $8,057,000 after purchasing an additional 27,177 shares in the last quarter.

Harbor Commodity All-Weather Strategy ETF Price Performance

Shares of NYSEARCA HGER opened at $24.10 on Friday. Harbor Commodity All-Weather Strategy ETF has a twelve month low of $21.26 and a twelve month high of $24.38. The company’s fifty day moving average is $23.69 and its 200-day moving average is $23.23.

Harbor Commodity All-Weather Strategy ETF Company 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.