AXS Green Alpha ETF (NYSEARCA:NXTE) is Moss Adams Wealth Advisors LLC’s 5th Largest Position

Moss Adams Wealth Advisors LLC raised its stake in shares of AXS Green Alpha ETF (NYSEARCA:NXTE) by 2.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 923,818 shares of the company’s stock after acquiring an additional 22,851 shares during the period. AXS Green Alpha ETF makes up approximately 6.4% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 5th biggest position. Moss Adams Wealth Advisors LLC owned approximately 38.49% of AXS Green Alpha ETF worth $30,561,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James & Associates boosted its position in AXS Green Alpha ETF by 9.7% in the third quarter. Raymond James & Associates now owns 14,443 shares of the company’s stock worth $408,000 after purchasing an additional 1,272 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of AXS Green Alpha ETF by 37.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,032 shares of the company’s stock worth $425,000 after purchasing an additional 4,082 shares during the period. Finally, Truist Financial Corp boosted its holdings in shares of AXS Green Alpha ETF by 34.1% in the fourth quarter. Truist Financial Corp now owns 46,597 shares of the company’s stock worth $1,541,000 after buying an additional 11,848 shares during the last quarter.

AXS Green Alpha ETF Trading Down 0.4 %

NYSEARCA NXTE traded down $0.13 during trading hours on Wednesday, hitting $31.71. 1,239 shares of the company’s stock traded hands, compared to its average volume of 17,386. AXS Green Alpha ETF has a 52 week low of $24.93 and a 52 week high of $34.47. The firm has a market capitalization of $54.86 million, a P/E ratio of 13.57 and a beta of 1.66. The business’s fifty day moving average price is $32.15 and its two-hundred day moving average price is $31.18.

AXS Green Alpha ETF Profile

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.