Commonwealth Equity Services LLC Purchases 2,196 Shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Commonwealth Equity Services LLC grew its position in shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) by 1.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 177,766 shares of the company’s stock after acquiring an additional 2,196 shares during the quarter. Commonwealth Equity Services LLC owned about 6.35% of AXS Astoria Inflation Sensitive ETF worth $4,453,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of PPI. UBS Group AG boosted its stake in AXS Astoria Inflation Sensitive ETF by 117.9% during the 4th quarter. UBS Group AG now owns 1,220 shares of the company’s stock valued at $31,000 after purchasing an additional 660 shares during the last quarter. Truadvice LLC boosted its position in shares of AXS Astoria Inflation Sensitive ETF by 4.8% during the first quarter. Truadvice LLC now owns 16,087 shares of the company’s stock valued at $401,000 after buying an additional 732 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in AXS Astoria Inflation Sensitive ETF by 5.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 24,693 shares of the company’s stock worth $627,000 after buying an additional 1,194 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its position in AXS Astoria Inflation Sensitive ETF by 12.9% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 15,031 shares of the company’s stock valued at $377,000 after buying an additional 1,716 shares during the last quarter. Finally, Advisor Group Holdings Inc. bought a new position in AXS Astoria Inflation Sensitive ETF during the 1st quarter valued at $131,000.

AXS Astoria Inflation Sensitive ETF Price Performance

PPI opened at $26.60 on Friday. AXS Astoria Inflation Sensitive ETF has a 1 year low of $21.91 and a 1 year high of $27.76. The company has a market capitalization of $63.84 million, a price-to-earnings ratio of 5.27 and a beta of 0.99. The firm’s fifty day moving average price is $26.04 and its two-hundred day moving average price is $25.48.

About AXS Astoria Inflation Sensitive ETF

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.