Waddell & Associates LLC Acquires Shares of 30,098 AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Waddell & Associates LLC bought a new position in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 30,098 shares of the company’s stock, valued at approximately $448,000.

Other large investors have also recently modified their holdings of the company. Onyx Bridge Wealth Group LLC increased its position in AXS Astoria Inflation Sensitive ETF by 12.7% during the first quarter. Onyx Bridge Wealth Group LLC now owns 19,227 shares of the company’s stock valued at $600,000 after acquiring an additional 2,173 shares during the last quarter. RFG Advisory LLC grew its holdings in AXS Astoria Inflation Sensitive ETF by 47.9% during the 2nd quarter. RFG Advisory LLC now owns 11,687 shares of the company’s stock valued at $174,000 after purchasing an additional 3,786 shares during the last quarter. Harbour Investments Inc. raised its position in AXS Astoria Inflation Sensitive ETF by 76.1% in the 2nd quarter. Harbour Investments Inc. now owns 8,960 shares of the company’s stock worth $134,000 after purchasing an additional 3,873 shares during the period. Private Advisor Group LLC lifted its stake in AXS Astoria Inflation Sensitive ETF by 15.3% in the fourth quarter. Private Advisor Group LLC now owns 39,946 shares of the company’s stock worth $1,094,000 after purchasing an additional 5,294 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of AXS Astoria Inflation Sensitive ETF by 80.8% during the second quarter. Commonwealth Equity Services LLC now owns 22,791 shares of the company’s stock valued at $340,000 after buying an additional 10,188 shares during the period.

AXS Astoria Inflation Sensitive ETF Price Performance

Shares of PPI traded down $0.21 during mid-day trading on Friday, reaching $14.54. 10,619 shares of the company’s stock traded hands, compared to its average volume of 18,920. The stock’s 50-day moving average is $15.02 and its two-hundred day moving average is $15.25. AXS Astoria Inflation Sensitive ETF has a 12 month low of $12.25 and a 12 month high of $16.25. The stock has a market cap of $58.03 million, a P/E ratio of 3.53 and a beta of 0.77.

AXS Astoria Inflation Sensitive ETF Company Profile

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.