AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) Shares Down 0.6%

AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)’s stock price was down 0.6% during mid-day trading on Tuesday . The stock traded as low as $14.90 and last traded at $14.93. Approximately 26,024 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 15,870 shares. The stock had previously closed at $15.02.

AXS Astoria Inflation Sensitive ETF Stock Up 0.5 %

The company has a market cap of $59.45 million, a P/E ratio of 3.53 and a beta of 0.77. The company has a 50 day moving average price of $15.37 and a 200-day moving average price of $14.77.

Institutional Trading of AXS Astoria Inflation Sensitive ETF

Several institutional investors have recently modified their holdings of the company. Astoria Portfolio Advisors LLC. lifted its holdings in shares of AXS Astoria Inflation Sensitive ETF by 4.0% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 778,675 shares of the company’s stock valued at $21,522,000 after buying an additional 30,027 shares during the period. Hobbs Group Advisors LLC acquired a new stake in shares of AXS Astoria Inflation Sensitive ETF in the fourth quarter valued at $11,715,000. Avestar Capital LLC lifted its holdings in shares of AXS Astoria Inflation Sensitive ETF by 21.0% during the fourth quarter. Avestar Capital LLC now owns 93,713 shares of the company’s stock valued at $2,573,000 after purchasing an additional 16,296 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of AXS Astoria Inflation Sensitive ETF by 15.3% during the fourth quarter. Private Advisor Group LLC now owns 39,946 shares of the company’s stock valued at $1,094,000 after purchasing an additional 5,294 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC lifted its holdings in shares of AXS Astoria Inflation Sensitive ETF by 12.7% during the first quarter. Onyx Bridge Wealth Group LLC now owns 19,227 shares of the company’s stock valued at $600,000 after purchasing an additional 2,173 shares during the last quarter.

AXS Astoria Inflation Sensitive ETF Company Profile

The AXS Astoria Inflation Sensitive ETF (PPI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, multi-asset ETF seeking long-term capital appreciation. The fund targets asset classes that are expected to benefit from an inflationary environment, such as global cyclical stocks, commodities, and TIPS.