Simplify Asset Management Inc. Has $1.50 Million Stock Position in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Simplify Asset Management Inc. lowered its position in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) by 17.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 59,335 shares of the company’s stock after selling 12,265 shares during the period. Simplify Asset Management Inc. owned 1.31% of Simplify Multi-QIS Alternative ETF worth $1,501,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QIS. Richard P Slaughter Associates Inc lifted its stake in shares of Simplify Multi-QIS Alternative ETF by 115.1% in the 1st quarter. Richard P Slaughter Associates Inc now owns 27,769 shares of the company’s stock valued at $705,000 after purchasing an additional 14,859 shares during the period. Park Edge Advisors LLC lifted its stake in Simplify Multi-QIS Alternative ETF by 5.3% in the first quarter. Park Edge Advisors LLC now owns 41,915 shares of the company’s stock valued at $1,064,000 after buying an additional 2,102 shares during the period. Hobbs Group Advisors LLC bought a new position in shares of Simplify Multi-QIS Alternative ETF during the 2nd quarter worth approximately $195,000. Finally, Financial Enhancement Group LLC acquired a new stake in shares of Simplify Multi-QIS Alternative ETF during the 2nd quarter worth approximately $589,000.

Simplify Multi-QIS Alternative ETF Trading Down 0.1 %

Shares of NYSEARCA QIS opened at $24.71 on Friday. The firm’s 50-day moving average price is $24.96 and its 200-day moving average price is $25.21. Simplify Multi-QIS Alternative ETF has a 1-year low of $23.39 and a 1-year high of $26.55.

Simplify Multi-QIS Alternative ETF Company Profile

The Simplify Multi-QIS Alternative ETF (QIS) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps.