Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) Shares Down 0.2%

Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPDGet Free Report) shares fell 0.2% during trading on Monday . The company traded as low as $30.16 and last traded at $30.18. 193,763 shares changed hands during trading, an increase of 416% from the average session volume of 37,537 shares. The stock had previously closed at $30.24.

Simplify US Equity PLUS Downside Convexity ETF Trading Down 0.2 %

The company has a market capitalization of $128.26 million, a price-to-earnings ratio of 18.44 and a beta of 0.66. The company has a 50-day moving average of $28.91 and a 200-day moving average of $27.65.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC increased its position in Simplify US Equity PLUS Downside Convexity ETF by 16.6% in the 2nd quarter. CWM LLC now owns 289,178 shares of the company’s stock valued at $7,897,000 after acquiring an additional 41,218 shares during the period. Capital Investment Advisory Services LLC acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF during the 3rd quarter worth $211,000. Ironsides Asset Advisors LLC increased its holdings in Simplify US Equity PLUS Downside Convexity ETF by 5.1% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 41,320 shares of the company’s stock valued at $1,083,000 after purchasing an additional 2,000 shares in the last quarter. Almanack Investment Partners LLC. lifted its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 11.0% during the third quarter. Almanack Investment Partners LLC. now owns 100,285 shares of the company’s stock worth $2,629,000 after purchasing an additional 9,958 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in Simplify US Equity PLUS Downside Convexity ETF by 10.2% during the third quarter. Dynamic Advisor Solutions LLC now owns 16,843 shares of the company’s stock worth $442,000 after acquiring an additional 1,563 shares during the period.

Simplify US Equity PLUS Downside Convexity ETF Company Profile

(Get Free Report)

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.

Further Reading

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