FYI: Ivy Investment Management Company (IICO) announced today that the Board of Trustees of Ivy NextShares (the Trust) has approved delisting from The NASDAQ Stock Exchange (NASDAQ) and the subsequent liquidation of the three series of the Trust (collectively, the “Funds”), after determining the Funds do not have meaningful prospects for growth:
Ivy Focused Energy NextShares ($5.9 million in total assets at 6/30/19)
Ivy Focused Growth NextShares ($14 million in total assets at 6/30/19)
Ivy Focused Value NextShares ($9.1 million in total assets at 6/30/19)
Regards,
Ted
https://www.businesswire.com/news/home/20190815005500/en