Simplify Asset Management Inc. Trims Holdings in Simplify NEXT Intangible Value Index ETF (BATS:NXTV)

Simplify Asset Management Inc. lowered its position in shares of Simplify NEXT Intangible Value Index ETF (BATS:NXTV) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,999 shares of the company’s stock after selling 4,522 shares during the period. Simplify Asset Management Inc. owned 27.00% of Simplify NEXT Intangible Value Index ETF worth $681,000 as of its most recent SEC filing.

Simplify NEXT Intangible Value Index ETF Price Performance

Shares of BATS:NXTV opened at $25.61 on Friday. The firm has a fifty day moving average price of $26.03 and a two-hundred day moving average price of $26.91. The company has a market cap of $1.28 million, a price-to-earnings ratio of 15.31 and a beta of 0.75. Simplify NEXT Intangible Value Index ETF has a one year low of $24.87 and a one year high of $29.28.

Simplify NEXT Intangible Value Index ETF Company Profile

The Simplify Next Intangible Value Index ETF (NXTV) is an exchange-traded fund that is based on the Next Intangible Value index. The fund tracks a market cap-weighted index of 200 US companies that exhibit low equity valuations relative to their intangible-adjusted book values within their respective sectors.