AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Get Free Report) shares fell 0.8% during trading on Thursday . The stock traded as low as $20.36 and last traded at $20.68. 50,293 shares were traded during trading, an increase of 72% from the average session volume of 29,268 shares. The stock had previously closed at $20.85.
AXS Astoria Inflation Sensitive ETF Stock Performance
The company has a fifty day simple moving average of $19.08 and a two-hundred day simple moving average of $18.26. The firm has a market capitalization of $96.16 million, a PE ratio of 17.44 and a beta of 0.92.
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. PPI was launched on Dec 30, 2021 and is managed by AXS Investments.
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