Simplify NEXT Intangible Core Index ETF (BATS:NXTI) Shares Sold by Simplify Asset Management Inc.

Simplify Asset Management Inc. decreased its position in shares of Simplify NEXT Intangible Core Index ETF (BATS:NXTI) by 14.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,521 shares of the company’s stock after selling 5,435 shares during the period. Simplify Asset Management Inc. owned about 31.52% of Simplify NEXT Intangible Core Index ETF worth $898,000 at the end of the most recent reporting period.

Simplify NEXT Intangible Core Index ETF Stock Performance

Shares of NXTI traded down $0.28 during midday trading on Friday, hitting $29.87. The company had a trading volume of 300 shares. The firm has a 50 day moving average price of $28.46 and a 200 day moving average price of $26.92.

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.