Simplify Volt RoboCar Disruption and Tech ETF (NYSEARCA:VCAR) Shares Down 2.2%

Simplify Volt RoboCar Disruption and Tech ETF (NYSEARCA:VCAR) shares dropped 2.2% during trading on Wednesday . The stock traded as low as $9.65 and last traded at $9.65. Approximately 3,649 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 3,898 shares. The stock had previously closed at $9.87.

Simplify Volt RoboCar Disruption and Tech ETF Stock Down 2.9 %

The firm has a market cap of $4.64 million, a PE ratio of 19.86 and a beta of 1.66. The firm has a 50-day moving average price of $10.26 and a two-hundred day moving average price of $9.51.

Hedge Funds Weigh In On Simplify Volt RoboCar Disruption and Tech ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in shares of Simplify Volt RoboCar Disruption and Tech ETF by 17.0% in the second quarter. Jane Street Group LLC now owns 25,775 shares of the company’s stock valued at $234,000 after acquiring an additional 3,746 shares in the last quarter. Royal Bank of Canada purchased a new position in shares of Simplify Volt RoboCar Disruption and Tech ETF in the second quarter valued at approximately $39,000. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of Simplify Volt RoboCar Disruption and Tech ETF in the second quarter valued at approximately $30,000.

Simplify Volt RoboCar Disruption and Tech ETF Company Profile

The Simplify Volt RoboCar Disruption and Tech ETF (VCAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects a narrow portfolio of companies globally that focus on autonomous driving. The fund may use options to leverage performance. VCAR was launched on Dec 28, 2020 and is managed by Simplify.