Simplify Asset Management Inc. Takes $968,000 Position in Simplify NEXT Intangible Core Index ETF (BATS:NXTI)

Simplify Asset Management Inc. purchased a new position in Simplify NEXT Intangible Core Index ETF (BATS:NXTI) in the second quarter, HoldingsChannel reports. The fund purchased 36,956 shares of the company’s stock, valued at approximately $968,000. Simplify Asset Management Inc. owned approximately 0.37% of Simplify NEXT Intangible Core Index ETF as of its most recent SEC filing.

Simplify NEXT Intangible Core Index ETF Trading Up 1.2 %

Shares of NXTI opened at $28.25 on Friday. The firm’s 50-day moving average price is $26.88.

Simplify NEXT Intangible Core Index ETF Company 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.