AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) Shares Down 0.7% – What’s Next?

AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPIGet Free Report)’s stock price traded down 0.7% on Thursday . The company traded as low as $14.62 and last traded at $14.63. 2,504 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 15,161 shares. The stock had previously closed at $14.74.

AXS Astoria Inflation Sensitive ETF Trading Up 0.3 %

The stock has a market cap of $51.97 million, a PE ratio of 15.81 and a beta of 0.93. The business’s 50-day moving average price is $15.03 and its 200-day moving average price is $15.22.

About AXS Astoria Inflation Sensitive ETF

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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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