Wallace Advisory Group LLC Takes Position in Harbor Commodity All-Weather Strategy ETF $HGER

Wallace Advisory Group LLC purchased a new stake in Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) in the 4th quarter, Holdings Channel reports. The fund purchased 42,868 shares of the company’s stock, valued at approximately $1,064,000. Harbor Commodity All-Weather Strategy ETF makes up 1.1% of Wallace Advisory Group LLC’s holdings, making the stock its 22nd biggest position.

Several other hedge funds have also modified their holdings of HGER. Bank of America Corp DE lifted its holdings in shares of Harbor Commodity All-Weather Strategy ETF by 209.0% in the 3rd quarter. Bank of America Corp DE now owns 2,784,190 shares of the company’s stock valued at $71,832,000 after buying an additional 1,883,027 shares during the period. Great Lakes Advisors LLC increased its stake in Harbor Commodity All-Weather Strategy ETF by 115.8% in the 3rd quarter. Great Lakes Advisors LLC now owns 2,502,453 shares of the company’s stock valued at $64,563,000 after purchasing an additional 1,342,935 shares in the last quarter. 3EDGE Asset Management LP increased its stake in Harbor Commodity All-Weather Strategy ETF by 182.6% in the 3rd quarter. 3EDGE Asset Management LP now owns 2,031,337 shares of the company’s stock valued at $52,431,000 after purchasing an additional 1,312,638 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Harbor Commodity All-Weather Strategy ETF in the 3rd quarter valued at approximately $26,274,000. Finally, HighTower Advisors LLC increased its stake in Harbor Commodity All-Weather Strategy ETF by 189.1% in the 3rd quarter. HighTower Advisors LLC now owns 597,302 shares of the company’s stock valued at $15,410,000 after purchasing an additional 390,703 shares in the last quarter.

Harbor Commodity All-Weather Strategy ETF Stock Down 0.6%

NYSEARCA HGER opened at $30.76 on Friday. Harbor Commodity All-Weather Strategy ETF has a 1-year low of $22.92 and a 1-year high of $31.61. The business has a 50 day moving average price of $29.19 and a 200 day moving average price of $27.14.

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.