AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Get Free Report)’s stock price dropped 0.6% during trading on Friday . The company traded as low as $14.64 and last traded at $14.74. Approximately 6,311 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 14,109 shares. The stock had previously closed at $14.83.
AXS Astoria Inflation Sensitive ETF Stock Performance
The stock has a market cap of $52.18 million, a PE ratio of 15.19 and a beta of 0.93. The company’s 50-day moving average price is $15.00 and its two-hundred day moving average price is $15.15.
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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