Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) Shares Purchased by Ironsides Asset Advisors LLC

Ironsides Asset Advisors LLC boosted its stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 41.1% in the third quarter, Holdings Channel.com reports. The fund owned 61,083 shares of the company’s stock after buying an additional 17,800 shares during the quarter. Simplify US Equity PLUS Downside Convexity ETF comprises about 0.6% of Ironsides Asset Advisors LLC’s portfolio, making the stock its 19th largest holding. Ironsides Asset Advisors LLC’s holdings in Simplify US Equity PLUS Downside Convexity ETF were worth $2,044,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC boosted its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 12.0% in the 1st quarter. Axxcess Wealth Management LLC now owns 390,278 shares of the company’s stock valued at $12,134,000 after purchasing an additional 41,682 shares during the period. Austin Wealth Management LLC increased its holdings in shares of 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 acquiring an additional 1,296 shares during the period. Kathmere Capital Management LLC boosted its stake in Simplify US Equity PLUS Downside Convexity ETF by 6.0% during the 2nd quarter. Kathmere Capital Management LLC now owns 8,165 shares of the company’s stock worth $264,000 after purchasing an additional 464 shares during the period. Commonwealth Equity Services LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the 2nd quarter worth $1,743,000. Finally, Sollinda Capital Management LLC raised its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 26.8% in the second quarter. Sollinda Capital Management LLC now owns 489,457 shares of the company’s stock valued at $15,819,000 after buying an additional 103,542 shares during the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 2.6 %

SPD opened at $34.29 on Thursday. The company has a market cap of $110.76 million, a PE ratio of 25.10 and a beta of 0.90. The business has a 50 day moving average price of $33.15 and a two-hundred day moving average price of $32.37. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $26.39 and a 52 week high of $34.29.

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.