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

Waddell & Associates LLC purchased a new position in AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,098 shares of the company’s stock, valued at approximately $448,000. Waddell & Associates LLC owned about 0.75% of AXS Astoria Inflation Sensitive ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. RFG Advisory LLC increased its holdings in AXS Astoria Inflation Sensitive ETF by 47.9% in the 2nd quarter. RFG Advisory LLC now owns 11,687 shares of the company’s stock worth $174,000 after buying an additional 3,786 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of AXS Astoria Inflation Sensitive ETF in the second quarter worth approximately $379,000. Harbour Investments Inc. raised 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 valued at $134,000 after purchasing an additional 3,873 shares during the last quarter. Ellis Investment Partners LLC lifted its position in AXS Astoria Inflation Sensitive ETF by 93.2% during the second quarter. Ellis Investment Partners LLC now owns 45,998 shares of the company’s stock valued at $685,000 after purchasing an additional 22,189 shares during the period. Finally, Latitude Advisors LLC boosted its holdings in AXS Astoria Inflation Sensitive ETF by 96.4% in 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.

AXS Astoria Inflation Sensitive ETF Trading Down 1.4 %

NYSEARCA:PPI traded down $0.21 during trading hours on Friday, reaching $14.54. The company had a trading volume of 10,619 shares, compared to its average volume of 18,920. The firm has a market cap of $58.03 million, a price-to-earnings ratio of 3.53 and a beta of 0.77. The firm’s 50 day moving average price is $15.02 and its 200-day moving average price is $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 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.