21SharesNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
21Shares has announced a 1-for-10 reverse stock split for its 2x Long Sui ETF (TXXS), effective after market close on June 26, 2026. The reverse split will reduce the number of outstanding shares by approximately 90% while increasing the fund’s share price and NAV by roughly ten times. Trading on a split-adjusted basis is scheduled to begin June 29. The action will not change the overall value of investors’ holdings but is intended to increase the ETF’s per-share trading price.
At a glance
- Beat
- Fund Updates
- Issuer
- 21Shares
- Region
- United States
- Filed
- 12 June 2026
Source: SEC Filings
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