Alexis Practical Tactical ETF (NYSEARCA:LEXI) Stock Price Up 0.3%

Shares of Alexis Practical Tactical ETF (NYSEARCA:LEXI) rose 0.3% on Monday . The company traded as high as $25.24 and last traded at $25.24. Approximately 302 shares changed hands during trading, a decline of 93% from the average daily volume of 4,396 shares. The stock had previously closed at $25.16.

Alexis Practical Tactical ETF Stock Performance

The firm has a market capitalization of $67.90 million, a price-to-earnings ratio of 17.30 and a beta of 0.89. The business has a fifty day moving average of $25.07 and a two-hundred day moving average of $24.28.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Alexis Practical Tactical ETF stock. Sowell Financial Services LLC increased its holdings in shares of Alexis Practical Tactical ETF (NYSEARCA:LEXI) by 13.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,188 shares of the company’s stock after acquiring an additional 21,175 shares during the quarter. Sowell Financial Services LLC owned about 7.03% of Alexis Practical Tactical ETF worth $4,155,000 as of its most recent SEC filing.

About Alexis Practical Tactical ETF

The Alexis Practical Tactical ETF (LEXI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund whose exposure varies among asset classes depending on market conditions and fund advisers assessment of multiple factors. LEXI was launched on Jun 30, 2021 and is managed by Alexis.