Commonwealth Equity Services LLC Purchases 10,188 Shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Commonwealth Equity Services LLC grew its position in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) by 80.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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 owned approximately 0.57% of AXS Astoria Inflation Sensitive ETF worth $340,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC bought a new stake in AXS Astoria Inflation Sensitive ETF during the second quarter worth about $13,575,000. Astoria Portfolio Advisors LLC. lifted its stake in AXS Astoria Inflation Sensitive ETF by 101.6% during the second quarter. Astoria Portfolio Advisors LLC. now owns 1,553,264 shares of the company’s stock worth $23,144,000 after purchasing an additional 782,985 shares during the last quarter. Latitude Advisors LLC lifted its stake in AXS Astoria Inflation Sensitive ETF by 96.4% during the second quarter. Latitude Advisors LLC now owns 89,393 shares of the company’s stock worth $1,332,000 after purchasing an additional 43,884 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in AXS Astoria Inflation Sensitive ETF during the second quarter worth $379,000. Finally, Onyx Bridge Wealth Group LLC lifted its stake in AXS Astoria Inflation Sensitive ETF by 122.6% during the second quarter. Onyx Bridge Wealth Group LLC now owns 42,794 shares of the company’s stock worth $638,000 after purchasing an additional 23,567 shares during the last quarter.

AXS Astoria Inflation Sensitive ETF Stock Performance

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

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.