AE Wealth Management LLC Boosts Holdings in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

AE Wealth Management LLC grew its stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 139,116 shares of the company’s stock after purchasing an additional 2,207 shares during the quarter. AE Wealth Management LLC owned approximately 4.31% of Simplify US Equity PLUS Downside Convexity ETF worth $4,496,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Sollinda Capital Management LLC increased its stake in Simplify US Equity PLUS Downside Convexity ETF by 26.8% during the 2nd quarter. Sollinda Capital Management LLC now owns 489,457 shares of the company’s stock worth $15,819,000 after buying an additional 103,542 shares in the last quarter. Axxcess Wealth Management LLC increased its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 12.0% during the first quarter. Axxcess Wealth Management LLC now owns 390,278 shares of the company’s stock worth $12,134,000 after purchasing an additional 41,682 shares in the last quarter. Almanack Investment Partners LLC. acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the 1st quarter valued at $4,127,000. Austin Wealth Management LLC lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 1.1% in the 1st quarter. Austin Wealth Management LLC now owns 116,793 shares of the company’s stock valued at $3,693,000 after purchasing an additional 1,296 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in Simplify US Equity PLUS Downside Convexity ETF during the 2nd quarter worth $1,743,000.

Simplify US Equity PLUS Downside Convexity ETF Stock Down 0.2 %

Shares of NYSEARCA SPD opened at $33.16 on Friday. The firm has a 50-day simple moving average of $32.44 and a 200-day simple moving average of $31.78. The stock has a market capitalization of $107.10 million, a price-to-earnings ratio of 25.10 and a beta of 0.90. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $25.37 and a 52 week high of $33.51.

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.