Onyx Bridge Wealth Group LLC Acquires Shares of 13,315 AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Onyx Bridge Wealth Group LLC acquired a new position in shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI – Get Rating) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 13,315 shares of the company’s stock, valued at approximately $345,000.

Several other large investors have also recently bought and sold shares of the business. Laurel Wealth Advisors Inc. acquired a new position in shares of AXS Astoria Inflation Sensitive ETF in the 2nd quarter valued at about $254,000. Hartline Investment Corp acquired a new stake in AXS Astoria Inflation Sensitive ETF during the third quarter valued at $1,929,000. Ellis Investment Partners LLC grew its stake in AXS Astoria Inflation Sensitive ETF by 5.3% in the third quarter. Ellis Investment Partners LLC now owns 278,505 shares of the company’s stock valued at $6,242,000 after purchasing an additional 14,131 shares in the last quarter. Truadvice LLC increased its position in AXS Astoria Inflation Sensitive ETF by 13.7% in the 2nd quarter. Truadvice LLC now owns 18,728 shares of the company’s stock worth $459,000 after purchasing an additional 2,254 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of AXS Astoria Inflation Sensitive ETF by 173.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 50,974 shares of the company’s stock worth $1,143,000 after purchasing an additional 32,311 shares in the last quarter.

AXS Astoria Inflation Sensitive ETF Price Performance

Shares of AXS Astoria Inflation Sensitive ETF stock opened at $23.95 on Friday. The stock has a 50-day simple moving average of $26.68 and a 200-day simple moving average of $25.57. AXS Astoria Inflation Sensitive ETF has a 52-week low of $21.83 and a 52-week high of $29.98. The firm has a market cap of $59.88 million, a price-to-earnings ratio of 5.27 and a beta of 0.96.

About AXS Astoria Inflation Sensitive ETF

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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.