Simplify Asset Management Inc. Decreases Position in Simplify NEXT Intangible Core Index ETF (BATS:NXTI)

Simplify Asset Management Inc. reduced its stake in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) by 14.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,999 shares of the company’s stock after selling 4,522 shares during the period. Simplify Asset Management Inc. owned 0.27% of Simplify NEXT Intangible Core Index ETF worth $757,000 as of its most recent SEC filing.

Simplify NEXT Intangible Core Index ETF Stock Performance

Simplify NEXT Intangible Core Index ETF stock opened at $27.76 on Friday. The company has a market capitalization of $1.39 million, a P/E ratio of 26.58 and a beta of 0.86. Simplify NEXT Intangible Core Index ETF has a fifty-two week low of $24.67 and a fifty-two week high of $31.04. The stock has a 50-day simple moving average of $29.12 and a 200-day simple moving average of $29.01.

Simplify NEXT Intangible Core Index ETF Profile

The Simplify Next Intangible Core Index ETF (NXTI) is an exchange-traded fund that is based on the Next Intangible Core index. The fund tracks a market cap-weighted index of 200 US companies that exhibit high intangible capital-to-book assets ratios within their respective sector. The fund seeks to outperform traditional market-cap indexes.