Commonwealth Equity Services LLC increases its position in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Commonwealth Equity Services LLC boosted its stake in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Free Report) by 80.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 22,791 shares of the company’s stock after purchasing an additional 10,188 shares during the period. Commonwealth Equity Services LLC’s holdings in AXS Astoria Inflation Sensitive ETF were worth $340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harbor Investments Inc. lifted its position in shares of AXS Astoria Inflation Sensitive ETF by 76.1% in the second quarter. Harbor Investments Inc. now owns 8,960 shares of the company’s stock valued at $134,000 after purchasing an additional 3,873 shares during the last quarter. RFG Advisory LLC raised its stake in AXS Astoria Inflation Sensitive ETF by 47.9% in the second quarter. RFG Advisory LLC now owns 11,687 shares of the company’s stock valued at $174,000 after buying an additional 3,786 shares during the last quarter. Family Firm Inc. bought a new position in shares of AXS Astoria Inflation Sensitive ETF in the second quarter valued at about $336,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of AXS Astoria Inflation Sensitive ETF in the second quarter valued at approximately $379,000. Finally, Onyx Bridge Wealth Group LLC raised its stake in AXS Astoria Inflation Sensitive ETF by 12.7% in the first quarter. Onyx Bridge Wealth Group LLC now owns 19,227 shares of the company’s stock valued at $600,000 after buying an additional 2,173 shares during the last quarter.

AXS Astoria Inflation Sensitive ETF Stock Performance

Shares of NYSEARCA PPI stock opened at $15.46 on Tuesday. The firm has a market cap of $61.67 million, a price-to-earnings ratio of 3.53 and a beta of 0.77. The stock has a 50-day moving average price of $15.01 and a 200-day moving average price of $15.28. AXS Astoria Inflation Sensitive ETF has a 52-week low of $12.25 and a 52-week high of $16.25.

AXS Astoria Inflation Sensitive ETF Company Profile

(Free Report)

AXS Astoria Inflation Sensitive ETF (PPI) is an exchange traded fund that invests mostly in target asset allocation. The fund is an actively managed multi-asset ETF that seeks 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.

See Also

Want to see what other hedge funds hold PPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Free Report).

Get daily news and ratings for the AXS Astoria Inflation Sensitive ETF – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for AXS Astoria Inflation Sensitive ETF and related companies with MarketBeat.com ‘s FREE daily email newsletter.