Commonwealth Equity Services LLC Acquires 51,515 Shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Commonwealth Equity Services LLC lifted its stake in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 82.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 113,758 shares of the company’s stock after buying an additional 51,515 shares during the quarter. Commonwealth Equity Services LLC owned about 3.52% of Simplify US Equity PLUS Downside Convexity ETF worth $3,796,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter worth approximately $73,000. HighTower Advisors LLC raised its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 10.3% during the fourth quarter. HighTower Advisors LLC now owns 528,211 shares of the company’s stock worth $17,627,000 after purchasing an additional 49,159 shares during the period. Sollinda Capital Management LLC bought a new position in shares of Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter worth $19,991,000. Ethos Financial Group LLC grew its position in Simplify US Equity PLUS Downside Convexity ETF by 240.9% in the 4th 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. Finally, Almanack Investment Partners LLC. increased its stake in Simplify US Equity PLUS Downside Convexity ETF by 4.8% during the 4th 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 in the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Trading Up 1.6 %

Simplify US Equity PLUS Downside Convexity ETF stock opened at $31.96 on Tuesday. The firm has a market capitalization of $103.23 million, a price-to-earnings ratio of 24.45 and a beta of 0.74. The firm’s fifty day moving average price is $33.43 and its two-hundred day moving average price is $33.68. Simplify US Equity PLUS Downside Convexity ETF has a 1-year low of $29.70 and a 1-year high of $35.30.

About Simplify US Equity PLUS Downside Convexity ETF

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.