AXS Cannabis ETF (NYSEARCA:THCX) Trading 1.9% Higher

AXS Cannabis ETF (NYSEARCA:THCXGet Rating) shares shot up 1.9% during mid-day trading on Tuesday . The company traded as high as $2.13 and last traded at $2.13. 36,787 shares changed hands during trading, an increase of 34% from the average session volume of 27,457 shares. The stock had previously closed at $2.09.

AXS Cannabis ETF Stock Performance

The business has a 50-day moving average of $2.37 and a two-hundred day moving average of $2.72.

Institutional Trading of AXS Cannabis ETF

An institutional investor recently bought a new position in AXS Cannabis ETF stock. Credit Suisse AG bought a new stake in AXS Cannabis ETF (NYSEARCA:THCXGet Rating) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 13,800 shares of the company’s stock, valued at approximately $51,000. Credit Suisse AG owned about 0.16% of AXS Cannabis ETF at the end of the most recent reporting period.

AXS Cannabis ETF Company Profile

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The Cannabis ETF (THCX) is an exchange-traded fund that is based on the AXS Cannabis index. The fund tracks an index of legal cannabis companies selected and weighted by market capitalization. The fund primarily holds North American companies but may also invest in other countries. THCX was launched on Jul 9, 2019 and is managed by AXS Investments.

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