AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) Stock Price Up 0.5% – Time to Buy?

Shares of AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPIGet Free Report) were up 0.5% on Tuesday . The stock traded as high as $17.19 and last traded at $17.19. Approximately 1,030 shares changed hands during trading, a decline of 91% from the average daily volume of 11,791 shares. The stock had previously closed at $17.10.

AXS Astoria Inflation Sensitive ETF Price Performance

The firm has a 50 day moving average of $16.71 and a two-hundred day moving average of $15.46. The stock has a market cap of $59.99 million, a PE ratio of 17.44 and a beta of 0.99.

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.

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