Alexis Practical Tactical ETF (NYSEARCA:LEXI) Shares Up 0.2% – Should You Buy?

Alexis Practical Tactical ETF (NYSEARCA:LEXI)’s share price shot up 0.2% during mid-day trading on Monday . The stock traded as high as $31.46 and last traded at $31.45. 9,004 shares changed hands during trading, an increase of 214% from the average session volume of 2,867 shares. The stock had previously closed at $31.38.

Alexis Practical Tactical ETF Price Performance

The company has a fifty day moving average of $30.74 and a 200-day moving average of $29.77. The firm has a market cap of $90.26 million, a P/E ratio of 19.34 and a beta of 0.83.

Alexis Practical Tactical ETF Company Profile

The Alexis Practical Tactical ETF (LEXI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund whose exposure varies among asset classes depending on market conditions and fund advisers assessment of multiple factors. LEXI was launched on Jun 30, 2021 and is managed by Alexis.