Fifth Third Bancorp Acquires New Position in Harbor Commodity All-Weather Strategy ETF $HGER

Fifth Third Bancorp bought a new position in shares of Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) during the 1st quarter, HoldingsChannel.com reports. The fund bought 36,639 shares of the company’s stock, valued at approximately $1,136,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its position in Harbor Commodity All-Weather Strategy ETF by 1,744.1% in the 4th quarter. Wells Fargo & Company MN now owns 14,161,864 shares of the company’s stock valued at $351,497,000 after buying an additional 13,393,905 shares during the period. 3EDGE Asset Management LP increased its position in shares of Harbor Commodity All-Weather Strategy ETF by 128.4% during the fourth quarter. 3EDGE Asset Management LP now owns 4,640,308 shares of the company’s stock worth $115,221,000 after acquiring an additional 2,608,971 shares during the period. Bank of America Corp DE increased its position in shares of Harbor Commodity All-Weather Strategy ETF by 209.0% during the third quarter. Bank of America Corp DE now owns 2,784,190 shares of the company’s stock worth $71,832,000 after acquiring an additional 1,883,027 shares during the period. Great Lakes Advisors LLC raised its stake in shares of Harbor Commodity All-Weather Strategy ETF by 6.7% in the fourth quarter. Great Lakes Advisors LLC now owns 2,669,646 shares of the company’s stock valued at $66,261,000 after acquiring an additional 167,193 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Harbor Commodity All-Weather Strategy ETF by 108.7% in the fourth quarter. LPL Financial LLC now owns 1,632,885 shares of the company’s stock valued at $40,528,000 after acquiring an additional 850,506 shares in the last quarter.

Harbor Commodity All-Weather Strategy ETF Trading Down 0.7%

NYSEARCA:HGER opened at $32.50 on Friday. The stock has a fifty day moving average price of $30.95 and a 200 day moving average price of $29.85. Harbor Commodity All-Weather Strategy ETF has a 12-month low of $24.18 and a 12-month high of $33.54.

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.