Shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Get Free Report) traded down 0.7% during mid-day trading on Thursday . The company traded as low as $18.74 and last traded at $18.83. 19,065 shares were traded during trading, an increase of 42% from the average session volume of 13,466 shares. The stock had previously closed at $18.97.
AXS Astoria Inflation Sensitive ETF Price Performance
The stock’s fifty day moving average price is $17.61 and its 200-day moving average price is $16.15. The firm has a market cap of $73.06 million, a price-to-earnings ratio of 17.44 and a beta of 0.99.
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.
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