Natural Investments LLC reduced its position in AXS Green Alpha ETF (NYSEARCA:NXTE – Free Report) by 9.8% during the second quarter, Holdings Channel reports. The institutional investor owned 141,248 shares of the company’s stock after selling 15,303 shares during the quarter. AXS Green Alpha ETF comprises 1.8% of Natural Investments LLC’s investment portfolio, making the stock its 12th largest holding. Natural Investments LLC owned approximately 0.13% of AXS Green Alpha ETF worth $7,689,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada bought a new position in shares of AXS Green Alpha ETF during the 1st quarter worth approximately $58,000. PFG Investments LLC acquired a new stake in AXS Green Alpha ETF in the first quarter valued at approximately $232,000. Susquehanna International Group LLP acquired a new stake in AXS Green Alpha ETF in the third quarter valued at approximately $582,000. Finally, Jane Street Group LLC purchased a new position in AXS Green Alpha ETF in the second quarter worth $696,000.
AXS Green Alpha ETF Trading Down 1.1%
Shares of NXTE stock opened at $47.15 on Wednesday. The business’s fifty day simple moving average is $48.27 and its 200-day simple moving average is $45.86. The company has a market cap of $51.87 million, a PE ratio of 27.52 and a beta of 1.61. AXS Green Alpha ETF has a 12-month low of $34.26 and a 12-month high of $54.97.
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. NXTE was launched on Sep 27, 2022 and is managed by AXS Investments.
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Want to see what other hedge funds are holding NXTE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AXS Green Alpha ETF (NYSEARCA:NXTE – Free Report).
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