Northwestern Mutual Wealth Management Co. Raises Stock Holdings in Horizon Expedition Plus ETF $HBTA

Northwestern Mutual Wealth Management Co. grew its stake in Horizon Expedition Plus ETF (NYSEARCA:HBTA) by 81,245.7% during the 4th quarter, Holdings Channel reports. The fund owned 28,471 shares of the company’s stock after acquiring an additional 28,436 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Horizon Expedition Plus ETF were worth $825,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of Horizon Expedition Plus ETF by 339.4% in the third quarter. Envestnet Asset Management Inc. now owns 690,283 shares of the company’s stock valued at $19,514,000 after acquiring an additional 533,169 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Horizon Expedition Plus ETF during the third quarter worth about $440,000. Orion Porfolio Solutions LLC purchased a new position in Horizon Expedition Plus ETF during the second quarter worth about $3,187,000. Jane Street Group LLC purchased a new position in Horizon Expedition Plus ETF during the first quarter worth about $611,000. Finally, Osaic Holdings Inc. purchased a new position in Horizon Expedition Plus ETF during the second quarter worth about $568,000.

Horizon Expedition Plus ETF Trading Up 0.4%

NYSEARCA HBTA opened at $31.91 on Tuesday. The business’s 50-day moving average price is $30.58 and its 200 day moving average price is $29.43. Horizon Expedition Plus ETF has a twelve month low of $24.00 and a twelve month high of $33.30. The company has a market capitalization of $143.60 million, a PE ratio of 29.06 and a beta of 1.52.

About Horizon Expedition Plus ETF

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. HBTA was launched on Jan 22, 2025 and is issued by Horizon Kinetics.