Empowered Funds LLC Takes $61,000 Position in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC)

Empowered Funds LLC purchased a new position in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,624 shares of the company’s stock, valued at approximately $61,000. Empowered Funds LLC owned 0.08% of Simplify US Equity PLUS Convexity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Financial Enhancement Group LLC lifted its position in Simplify US Equity PLUS Convexity ETF by 110.8% during the third quarter. Financial Enhancement Group LLC now owns 565,061 shares of the company’s stock valued at $21,342,000 after purchasing an additional 296,991 shares during the last quarter. Austin Wealth Management LLC raised its position in shares of Simplify US Equity PLUS Convexity ETF by 7.7% during the 3rd quarter. Austin Wealth Management LLC now owns 645,179 shares of the company’s stock valued at $24,156,000 after buying an additional 46,296 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in shares of Simplify US Equity PLUS Convexity ETF during the 4th quarter worth $553,000. Finally, Integrated Wealth Concepts LLC grew its position in Simplify US Equity PLUS Convexity ETF by 3.0% in the third quarter. Integrated Wealth Concepts LLC now owns 288,311 shares of the company’s stock worth $10,889,000 after acquiring an additional 8,345 shares in the last quarter.

Simplify US Equity PLUS Convexity ETF Stock Down 2.4 %

SPYC opened at $38.17 on Friday. The stock has a market cap of $71.76 million, a PE ratio of 26.58 and a beta of 0.98. Simplify US Equity PLUS Convexity ETF has a 52 week low of $32.38 and a 52 week high of $40.43. The business’s fifty day simple moving average is $38.46 and its 200 day simple moving average is $38.08.

Simplify US Equity PLUS Convexity ETF Profile

The Simplify US Equity PLUS Convexity ETF (SPYC) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed, fund-of-funds that provides exposure to the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk.