Envestnet Asset Management Inc. Has $517,000 Stock Position in AXS Green Alpha ETF $NXTE

Envestnet Asset Management Inc. cut its holdings in AXS Green Alpha ETF (NYSEARCA:NXTE) by 35.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,231 shares of the company’s stock after selling 8,390 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.14% of AXS Green Alpha ETF worth $517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NXTE. Natural Investments LLC boosted its holdings in shares of AXS Green Alpha ETF by 1.7% during the 1st quarter. Natural Investments LLC now owns 477,247 shares of the company’s stock valued at $14,178,000 after acquiring an additional 7,777 shares in the last quarter. OLD Mission Capital LLC raised its position in AXS Green Alpha ETF by 2.4% in the first quarter. OLD Mission Capital LLC now owns 37,474 shares of the company’s stock valued at $1,113,000 after purchasing an additional 868 shares during the last quarter. MAI Capital Management boosted its stake in shares of AXS Green Alpha ETF by 0.5% during the first quarter. MAI Capital Management now owns 272,972 shares of the company’s stock valued at $8,109,000 after purchasing an additional 1,414 shares in the last quarter. Moss Adams Wealth Advisors LLC bought a new stake in shares of AXS Green Alpha ETF during the second quarter worth about $208,000. Finally, Ethic Inc. grew its holdings in shares of AXS Green Alpha ETF by 26.6% during the second quarter. Ethic Inc. now owns 10,108 shares of the company’s stock worth $343,000 after purchasing an additional 2,126 shares during the last quarter.

AXS Green Alpha ETF Price Performance

Shares of NYSEARCA NXTE opened at $37.38 on Tuesday. The company has a 50 day simple moving average of $39.23 and a 200 day simple moving average of $35.90. AXS Green Alpha ETF has a 1 year low of $25.45 and a 1 year high of $41.12. The firm has a market cap of $42.24 million, a PE ratio of 27.52 and a beta of 1.62.

AXS Green Alpha ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 26th were given a dividend of $0.0763 per share. The ex-dividend date was Friday, September 26th. This represents a $0.31 annualized dividend and a dividend yield of 0.8%.

About AXS Green Alpha ETF

The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics.