Hexis Capital to Move NICO ETF Listing to Texas Stock Exchange
Hexis Capital Management will transfer its nicotine-focused NICO ETF from NYSE Arca to the Texas Stock Exchange on November 25, 2026.
Hexis Capital Management announced Wednesday it will transfer the listing of its Hexis Active Nicotine Engagement ETF, trading under the ticker NICO, from NYSE Arca to the Texas Stock Exchange on November 25, 2026, marking one of the more prominent early moves to the nascent Texas-based bourse.
NICO is positioned as the first actively managed exchange-traded fund to combine investment exposure to the tobacco and nicotine sector with a structured shareholder engagement program, according to Hexis. The Dallas- and London-based adviser oversees the fund, which targets companies across the broader nicotine industry.
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The transfer to the Texas Stock Exchange, which has drawn attention as a challenger to legacy U.S. exchanges, signals a willingness among some niche asset managers to align their listings with the newer venue. Hexis did not disclose the terms or cost implications of the transfer in its announcement.
The move reflects a broader trend of fund sponsors and companies exploring alternatives to the New York Stock Exchange and Nasdaq as the Texas Stock Exchange works to build its roster of listed securities ahead of its anticipated launch and expansion timeline.
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