Hexis Capital Management to Transfer NICO ETF Listing to the Texas Stock Exchange on November 25, 2026

NICO is the first actively managed ETF to combine tobacco and nicotine sector investing with a structured engagement program

DALLAS and LONDON, Nov. 12, 2026 /PRNewswire/ -- Hexis Capital Management ("Hexis"), adviser to the Hexis Active Nicotine Engagement ETF (NYSE Arca: NICO), today announced that it will transfer the actively managed exchange-traded fund primary listing from NYSE Arca to the Texas Stock Exchange ("TXSE"). Shares are expected to begin trading on TXSE on November 25, 2026, under the existing ticker symbol NICO.

NICO joins a growing group of exchange-traded products ("ETPs") listed on TXSE, which began accepting primary ETP listings in September 2026. On TXSE, NICO will be supported by the exchange's Lead Market Maker program, which ties market maker incentives to tight spreads, quoted depth, and participation in the opening and closing auctions.

Pieter Vorster, Founder and Chief Executive Officer of Hexis Capital Management stated, "NICO pairs active stock selection in the nicotine sector with direct engagement on harm reduction and we wanted a listing partner as willing as we are to do things differently. TXSE has built a market around the needs of exchange-traded product sponsors, with a team that has listed a substantial share of the ETPs trading in the U.S. today. For a newer, actively managed ETF like NICO, consistent on-screen liquidity and an engaged exchange partner matter. We are proud to join TXSE and look forward to cultivating a mutually beneficial relationship."

NICO is an actively managed ETF combining investment in the tobacco and nicotine sector with a structured engagement program, which includes the proprietary Hexis Nicotine Transition Score ("HNTS") that sets priority improvement objectives for each holding. Hexis has brought a distinctive, research-driven strategy to market, and the decision to transfer reflects the growing number of ETP sponsors choosing a listing venue purpose-built for issuers. The transfer will not affect the Fund's investment objective, strategy, management fee or service providers, and no action is required by shareholders. 

About Hexis Capital Management

Hexis Capital Management is an SEC-registered investment adviser specializing in the global tobacco and nicotine sector. The firm's leadership combines more than 60 years of tobacco and consumer sector research with over 30 years of ETF strategy, and institutional asset management experience across firms including BlackRock, JPMorgan Asset Management, BNP Paribas, Credit Suisse, UBS, Morgan Stanley, and Deutsche Bank For more information, visit https://hexis.capital/.

Important Information & Disclosures 

An investor should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. A prospectus containing this and other information may be obtained by calling 1-800-617-0004 or at https://hexis.capital/nico, and should be read carefully before investing.

Investing involves risk. Principal loss is possible. The Fund's investments will be concentrated in the securities of issuers in the tobacco and nicotine-related group of industries, which is subject to significant risks and uncertainties. The Fund is non-diversified, meaning it may invest a greater percentage of its assets in the securities of a limited number of issuers. The Fund is actively managed and may not meet its investment objective. As a recently organized fund, the Fund has limited operating history. Foreign securities, derivatives, and small- and mid-cap companies carry additional risks. Shares of any ETF are bought and sold at market price (not NAV), are not individually redeemed from the ETF, and brokerage commissions will reduce returns.

The Hexis Active Nicotine Engagement ETF is distributed by Quasar Distributors, LLC.

Media Contact
Hexis Capital Management
[email protected] 

Investor Relations
Hayden IR
[email protected]
[email protected] 

SOURCE Hexis Capital Management