Royal Bank of Canada Sells 20,818 Shares of Research Affiliates Deletions ETF $NIXT

Royal Bank of Canada lessened its position in shares of Research Affiliates Deletions ETF (NASDAQ:NIXT) by 92.8% in the first quarter, HoldingsChannel.com reports. The fund owned 1,605 shares of the company’s stock after selling 20,818 shares during the period. Royal Bank of Canada’s holdings in Research Affiliates Deletions ETF were worth $44,000 at the end of the most recent reporting period.

Research Affiliates Deletions ETF Price Performance

Shares of NIXT opened at $34.64 on Thursday. The firm has a 50 day simple moving average of $33.61 and a two-hundred day simple moving average of $30.97. Research Affiliates Deletions ETF has a one year low of $23.83 and a one year high of $35.25. The company has a market cap of $41.91 million, a P/E ratio of 13.02 and a beta of 1.03.

Research Affiliates Deletions ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.1408 per share. The ex-dividend date of this dividend was Monday, June 29th.

About Research Affiliates Deletions ETF

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.