14-Mar-2025
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The Fund is actively managed that invests principally in securities across multiple asset classes which have the potential to benefit, either directly or indirectly, from increases in the rate of rising costs of goods and services (i.e., inflation). These investments are expected to include, but are not limited to, equity securities of companies engaged in the energy, financials, industrial, and materials sectors, as well as investments in other ETFs that directly or indirectly invest in commodities or fixed income securities. The Fund s investments in equity interests are generally expected to include common stock, general and limited partnership interests of publicly traded master limited partnerships (MLPs) and units of royalty trusts. The Fund may invest in non-U.S. securities, including depositary receipts. The Fund may also invest in Underlying ETFs with exposure to commodities that have an opportunity to benefit from higher demand, elevated global growth, or a shortage of supply, including, but not limited to, crude oil, copper, natural gas, gold, silver, platinum, palladium, soybean, live cattle, coffee, and corn. The Underlying ETFs typically gain exposure to these commodities through the use of commodity-linked derivatives, including futures contracts.
Axs Astoria Real Assets ETF trades on the ARCA stock market under the symbol PPI.
As of March 14, 2025, PPI stock price climbed to $14.57 with 10,037 million shares trading.
PPI has a market cap of $51.22 million. This is considered a Micro Cap stock.
In the last 3 years, PPI traded as high as $16.25 and as low as $10.92.
PPI has underperformed the market in the last year with a return of -3.9%, while SPY returned +11.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PPI shares. However, PPI has outperformed the market in the last 3 month and 2 week periods, returning -3.4% and -1.5%, while SPY returned -6.5% and -5.3%, respectively. This indicates PPI has been having a stronger performance recently.
PPI support price is $13.95 and resistance is $14.33 (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 PPI shares will trade within this expected range on the day.