AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPI) Trading Up 0.8% – Here’s What Happened

AXS Astoria Inflation Sensitive ETF (NYSEARCA:PPIGet Free Report) shares rose 0.8% during trading on Monday . The stock traded as high as $13.76 and last traded at $13.72. Approximately 1,868 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 13,940 shares. The stock had previously closed at $13.61.

AXS Astoria Inflation Sensitive ETF Price Performance

The stock has a market cap of $48.54 million, a PE ratio of 14.20 and a beta of 0.91. The stock’s fifty day moving average is $14.49 and its 200-day moving average is $15.01.

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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