Simplify Asset Management Inc. Sells 725,000 Shares of Simplify NEXT Intangible Core Index ETF $NXTI

Simplify Asset Management Inc. lowered its holdings in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) by 88.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,303 shares of the company’s stock after selling 725,000 shares during the period. Simplify Asset Management Inc. owned about 194.61% of Simplify NEXT Intangible Core Index ETF worth $3,495,000 as of its most recent SEC filing.

Simplify NEXT Intangible Core Index ETF Price Performance

Shares of Simplify NEXT Intangible Core Index ETF stock opened at $36.84 on Thursday. Simplify NEXT Intangible Core Index ETF has a 1 year low of $29.10 and a 1 year high of $37.09. The firm has a market cap of $1.84 million, a PE ratio of 28.02 and a beta of 0.86. The stock has a fifty day moving average price of $36.28 and a 200-day moving average price of $33.50.

About Simplify NEXT Intangible Core Index ETF

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. NXTI was launched on Apr 15, 2024 and is issued by Simplify.