Alexis Practical Tactical ETF (NASDAQ:LEXI) Trading Up 0.1% – Should You Buy?

Alexis Practical Tactical ETF (NASDAQ:LEXI) rose 0.1% during trading on Thursday . The stock traded as high as $35.78 and last traded at $35.77. Approximately 3,113 shares changed hands during trading, a decline of 55% from the average daily volume of 6,921 shares. The stock had previously closed at $35.74.

Alexis Practical Tactical ETF Stock Up 0.1%

The firm’s 50-day moving average price is $35.14 and its two-hundred day moving average price is $33.53. The firm has a market capitalization of $145.58 million, a PE ratio of -16.26 and a beta of 0.88.

Institutional Trading of Alexis Practical Tactical ETF

An institutional investor recently raised its position in Alexis Practical Tactical ETF stock. Alexis Investment Partners LLC raised its holdings in Alexis Practical Tactical ETF (NASDAQ:LEXI) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,832,173 shares of the company’s stock after acquiring an additional 102,602 shares during the quarter. Alexis Practical Tactical ETF comprises approximately 39.4% of Alexis Investment Partners LLC’s holdings, making the stock its largest position. Alexis Investment Partners LLC owned about 74.14% of Alexis Practical Tactical ETF worth $91,536,000 at the end of the most recent quarter.

Alexis Practical Tactical ETF Company Profile

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 issued by Alexis.