New 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.
REX Shares approved 1-for-10 reverse stock splits for the T-REX 2X Long AXTI Daily Target ETF (AXTU) and T-REX 2X Long TE Daily Target ETF (TEUP). Shareholders will receive one post-split share for every ten shares held, with any fractional shares redeemed for cash at the funds’ net asset value. The reverse splits will take effect after the close of trading on August 21, 2026, and the ETFs will begin trading on a split-adjusted basis on August 24. The action is intended to increase each fund’s share price while leaving their leveraged exposure, investment objectives, and creation unit sizes unchanged.
Source: SEC Filings
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.
Virtus will overhaul the Virtus Terranova U.S.
DWS has converted the Xtrackers MSCI EAFE Selection Equity ETF (EASG) into the Xtrackers Bloomberg Developed Markets Ex US Equity ETF (DMXU), effective September 14.
VanEck’s Junior Gold Miners ETF (GDXJ) is adding First Mining Gold, Troilus Mining and Silver Tiger Metals, effective after market close on September 18.
More from United States