Ellis Investment Partners LLC Raises Stake in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI)

Ellis Investment Partners LLC grew its position in shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) by 93.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,998 shares of the company’s stock after buying an additional 22,189 shares during the quarter. Ellis Investment Partners LLC’s holdings in AXS Astoria Inflation Sensitive ETF were worth $685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC grew its holdings in AXS Astoria Inflation Sensitive ETF by 12.7% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 19,227 shares of the company’s stock valued at $600,000 after purchasing an additional 2,173 shares during the last quarter. RFG Advisory LLC lifted its holdings in AXS Astoria Inflation Sensitive ETF by 47.9% during the second 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 in the last quarter. Harbour Investments Inc. grew its holdings in shares of AXS Astoria Inflation Sensitive ETF by 76.1% during the second quarter. Harbour Investments Inc. now owns 8,960 shares of the company’s stock worth $134,000 after buying an additional 3,873 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of AXS Astoria Inflation Sensitive ETF by 15.3% during the 4th quarter. Private Advisor Group LLC now owns 39,946 shares of the company’s stock worth $1,094,000 after acquiring an additional 5,294 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of AXS Astoria Inflation Sensitive ETF by 80.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 22,791 shares of the company’s stock valued at $340,000 after purchasing an additional 10,188 shares during the last quarter.

AXS Astoria Inflation Sensitive ETF Stock Down 1.4 %

NYSEARCA:PPI traded down $0.21 on Friday, reaching $14.54. 10,619 shares of the company’s stock were exchanged, compared to its average volume of 18,920. The firm has a market capitalization of $58.03 million, a price-to-earnings ratio of 3.53 and a beta of 0.77. The business has a fifty day moving average of $15.02 and a 200-day moving average of $15.25. 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 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.