Green Alpha Advisors LLC grew its position in AXS Green Alpha ETF (NYSEARCA:NXTE – Free Report) by 142.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,058 shares of the company’s stock after purchasing an additional 90,000 shares during the period. AXS Green Alpha ETF makes up approximately 5.0% of Green Alpha Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Green Alpha Advisors LLC owned 13.43% of AXS Green Alpha ETF worth $7,428,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Fig Financial Advisory Services Inc. ADV acquired a new stake in AXS Green Alpha ETF in the 3rd quarter valued at approximately $1,939,000. Citadel Advisors LLC acquired a new position in AXS Green Alpha ETF during the 2nd quarter worth approximately $449,000. PFG Investments LLC acquired a new position in AXS Green Alpha ETF during the 1st quarter worth approximately $232,000. Finally, Royal Bank of Canada bought a new position in shares of AXS Green Alpha ETF during the 1st quarter worth approximately $58,000.
AXS Green Alpha ETF Trading Down 2.2%
Shares of NYSEARCA NXTE traded down $1.09 during midday trading on Thursday, reaching $47.47. The company’s stock had a trading volume of 1,253 shares, compared to its average volume of 3,276. The stock has a 50 day simple moving average of $47.87 and a 200-day simple moving average of $47.12. The stock has a market capitalization of $54.12 million, a price-to-earnings ratio of 27.52 and a beta of 1.60. AXS Green Alpha ETF has a fifty-two week low of $35.99 and a fifty-two week high of $54.97.
About AXS Green Alpha ETF
The Axs Green Alpha ETF (NXTE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively seeks long-term capital appreciation by targeting global all-cap companies focused towards a sustainable environment and economy. Securities are selected based on their contribution to the four pillars of sustainability, whilst exhibiting both growth and value characteristics. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.
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