AXS Green Alpha ETF (NYSEARCA:NXTE – Get Free Report) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 620 shares, a decrease of 51.6% from the October 15th total of 1,282 shares. Based on an average daily trading volume, of 1,325 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.
AXS Green Alpha ETF Stock Performance
Shares of NYSEARCA NXTE traded down $0.55 during mid-day trading on Friday, reaching $42.83. The company’s stock had a trading volume of 3,649 shares, compared to its average volume of 3,118. The stock has a 50-day moving average of $46.25 and a two-hundred day moving average of $45.73. The stock has a market capitalization of $46.68 million, a P/E ratio of 18.65 and a beta of 1.63. AXS Green Alpha ETF has a 1-year low of $35.99 and a 1-year high of $54.97.
Institutional Trading of AXS Green Alpha ETF
Several large investors have recently bought and sold shares of NXTE. Royal Bank of Canada acquired a new stake in AXS Green Alpha ETF in the 1st quarter valued at about $58,000. Investment Research Partners LLC acquired a new position in shares of AXS Green Alpha ETF during the 3rd quarter worth approximately $215,000. Citadel Advisors LLC purchased a new stake in shares of AXS Green Alpha ETF in the second quarter valued at approximately $449,000. Fig Financial Advisory Services Inc. ADV purchased a new stake in shares of AXS Green Alpha ETF in the third quarter valued at approximately $1,939,000. Finally, Prime Capital Investment Advisors LLC grew its position in shares of AXS Green Alpha ETF by 39.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 88,797 shares of the company’s stock valued at $4,309,000 after purchasing an additional 24,934 shares in the last quarter.
AXS Green Alpha ETF Company Profile
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. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.
See Also
- Five stocks we like better than AXS Green Alpha ETF
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for AXS Green Alpha ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXS Green Alpha ETF and related companies with MarketBeat.com's FREE daily email newsletter.
