TeucriumNew 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.
Teucrium has announced a 1-for-10 reverse stock split for its 2x Long Daily XRP ETF (XXRP), effective after market close on June 26, 2026. The move will reduce the number of outstanding shares by approximately 90% while increasing the fund’s share price and NAV by roughly tenfold. Trading on a split-adjusted basis will begin June 29. The reverse split does not change the overall value of shareholders’ investments but is typically used to raise a fund’s per-share trading price.
At a glance
- Beat
- Fund Updates
- Issuer
- Teucrium
- Region
- United States
- Filed
- 12 June 2026
Source: SEC Filings
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