Simplify Asset Management Inc. Sells 5,435 Shares of Simplify NEXT Intangible Value Index ETF (BATS:NXTV)

Simplify Asset Management Inc. decreased its position in Simplify NEXT Intangible Value Index ETF (BATS:NXTV) by 14.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 Value Index ETF worth $872,000 as of its most recent SEC filing.

Simplify NEXT Intangible Value Index ETF Stock Performance

Shares of BATS:NXTV traded down $0.20 on Friday, hitting $28.16. The stock had a trading volume of 57 shares. The company has a fifty day moving average of $27.44 and a 200 day moving average of $26.53.

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.