Signature Estate & Investment Advisors LLC Invests $202,000 in Research Affiliates Deletions ETF (NASDAQ:NIXT)

Signature Estate & Investment Advisors LLC bought a new position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,869 shares of the company’s stock, valued at approximately $202,000. Signature Estate & Investment Advisors LLC owned 0.53% of Research Affiliates Deletions ETF as of its most recent filing with the SEC.

Separately, Rothschild Investment LLC boosted its holdings in shares of Research Affiliates Deletions ETF by 44.3% during the fourth quarter. Rothschild Investment LLC now owns 5,540 shares of the company’s stock worth $142,000 after acquiring an additional 1,700 shares during the period.

Research Affiliates Deletions ETF Stock Performance

Research Affiliates Deletions ETF stock opened at $23.74 on Friday. The company has a market capitalization of $35.14 million and a price-to-earnings ratio of 15.21. Research Affiliates Deletions ETF has a 12 month low of $22.72 and a 12 month high of $28.16. The stock’s 50 day moving average is $25.20 and its 200-day moving average is $26.01.

Research Affiliates Deletions ETF Profile

The Research Affiliates Deletions ETF (NIXT) is an exchange-traded fund that is based on the Research Affiliates Deletions index. The fund tracks an index of US small-cap value equities comprised of recently deleted stocks from a market cap-weighted index. The investment premise is that depreciated stock prices will revert to their average levels NIXT was launched on Sep 9, 2024 and is issued by RAFI Indices.