Envestnet Asset Management Inc. Takes Position in Horizon Expedition Plus ETF $HBTA

Envestnet Asset Management Inc. acquired a new position in shares of Horizon Expedition Plus ETF (NYSEARCA:HBTA) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 157,114 shares of the company’s stock, valued at approximately $3,991,000. Envestnet Asset Management Inc. owned about 11.06% of Horizon Expedition Plus ETF at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in HBTA. Brookwood Investment Group LLC purchased a new position in Horizon Expedition Plus ETF in the first quarter valued at about $287,000. Horizon Investments LLC bought a new stake in shares of Horizon Expedition Plus ETF in the 1st quarter valued at about $530,000. Certior Financial Group LLC purchased a new position in shares of Horizon Expedition Plus ETF in the 1st quarter worth approximately $556,000. Jane Street Group LLC purchased a new position in shares of Horizon Expedition Plus ETF in the 1st quarter worth approximately $611,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of Horizon Expedition Plus ETF during the 2nd quarter worth approximately $816,000.

Horizon Expedition Plus ETF Stock Up 0.1%

NYSEARCA:HBTA opened at $28.50 on Friday. The stock has a market capitalization of $115.71 million, a price-to-earnings ratio of 29.06 and a beta of 1.34. Horizon Expedition Plus ETF has a 52 week low of $18.71 and a 52 week high of $29.69. The firm has a 50 day moving average of $28.36 and a 200 day moving average of $26.16.

Horizon Expedition Plus ETF Company Profile

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.