Simplify Asset Management Inc. Purchases Shares of 36,956 Simplify NEXT Intangible Core Index ETF (BATS:NXTI)

Simplify Asset Management Inc. purchased a new stake in shares of Simplify NEXT Intangible Core Index ETF (BATS:NXTI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 36,956 shares of the company’s stock, valued at approximately $968,000. Simplify Asset Management Inc. owned approximately 36.96% of Simplify NEXT Intangible Core Index ETF as of its most recent SEC filing.

Simplify NEXT Intangible Core Index ETF Stock Performance

Shares of NXTI stock opened at $28.25 on Friday. The business’s fifty day simple moving average is $26.88.

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.