Farther Finance Advisors LLC Makes New Investment in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Farther Finance Advisors LLC purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,184 shares of the company’s stock, valued at approximately $73,000. Farther Finance Advisors LLC owned 0.07% of Simplify US Equity PLUS Downside Convexity ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SPD. HighTower Advisors LLC lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 80.5% in the third quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock valued at $16,028,000 after acquiring an additional 213,705 shares during the period. Elevated Capital Advisors LLC increased its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 26.7% in the 4th quarter. Elevated Capital Advisors LLC now owns 17,721 shares of the company’s stock valued at $591,000 after purchasing an additional 3,732 shares in the last quarter. Ethos Financial Group LLC lifted its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 240.9% in the fourth quarter. Ethos Financial Group LLC now owns 212,366 shares of the company’s stock valued at $7,087,000 after purchasing an additional 150,079 shares during the period. Almanack Investment Partners LLC. lifted its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 4.8% in the fourth quarter. Almanack Investment Partners LLC. now owns 142,651 shares of the company’s stock valued at $4,761,000 after purchasing an additional 6,533 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF during the fourth quarter worth about $857,000.

Simplify US Equity PLUS Downside Convexity ETF Trading Down 0.1 %

Shares of SPD opened at $31.46 on Friday. Simplify US Equity PLUS Downside Convexity ETF has a twelve month low of $29.70 and a twelve month high of $35.30. The firm has a market capitalization of $101.62 million, a P/E ratio of 24.45 and a beta of 0.74. The firm’s 50-day moving average is $33.45 and its two-hundred day moving average is $33.68.

Simplify US Equity PLUS Downside Convexity ETF Profile

The Simplify US Equity PLUS Downside Convexity ETF (SPD) 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 US large-cap stocks while applying a downside options overlay strategy. SPD was launched on Sep 3, 2020 and is managed by Simplify.