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Alexis Practical Tactical ETF to Transfer to Nasdaq Exchange
Business Wire (Tue, 3-Dec 2:30 PM ET)
The Fund is an actively managed exchange traded fund ( ETF ). Alexis Investment Partners, LLC (the Adviser ) serves as the investment adviser. In seeking to achieve its investment objective, the Fund has the flexibility to allocate its assets in markets around the world and among various asset classes and strategies, including equity, fixed-income, commodities (including precious metals), real estate investment trusts ( REITs ), alternative strategies (including merger arbitrage, convertible bond and options-based) and cash and cash equivalents.
Alexis Practical Tactical ETF trades on the ARCA stock market under the symbol LEXI.
As of January 17, 2025, LEXI stock price climbed to $30.80 with 6,042 million shares trading.
LEXI has a market cap of $105.84 million. This is considered a Micro Cap stock.
In the last 3 years, LEXI traded as high as $31.99 and as low as $21.21.
LEXI has underperformed the market in the last year with a return of +22.2%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LEXI shares. However, LEXI has outperformed the market in the last 3 month and 2 week periods, returning +3.0% and +1.3%, while SPY returned +3.0% and +1.0%, respectively. This indicates LEXI has been having a stronger performance recently.
LEXI support price is $30.29 and resistance is $30.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LEXI shares will trade within this expected range on the day.