Alexis Investment Partners LLC Buys New Stake in Alexis Practical Tactical ETF (NASDAQ:LEXI)

Alexis Investment Partners LLC purchased a new stake in shares of Alexis Practical Tactical ETF (NASDAQ:LEXI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,651,536 shares of the company’s stock, valued at approximately $79,906,000. Alexis Practical Tactical ETF accounts for 39.1% of Alexis Investment Partners LLC’s holdings, making the stock its biggest position. Alexis Investment Partners LLC owned approximately 0.77% of Alexis Practical Tactical ETF at the end of the most recent reporting period.

Alexis Practical Tactical ETF Stock Performance

Shares of Alexis Practical Tactical ETF stock opened at $28.08 on Friday. The firm has a 50-day simple moving average of $29.44 and a two-hundred day simple moving average of $30.42. Alexis Practical Tactical ETF has a fifty-two week low of $26.06 and a fifty-two week high of $31.99. The company has a market cap of $100.25 million, a P/E ratio of -12.76 and a beta of 0.89.

Alexis Practical Tactical ETF Profile

The Alexis Practical Tactical ETF (LEXI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund whose exposure varies among asset classes depending on market conditions and fund advisers assessment of multiple factors. LEXI was launched on Jun 30, 2021 and is issued by Alexis.