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

Ironsides Asset Advisors LLC boosted its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 41.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 accounts for 0.6% of Ironsides Asset Advisors LLC’s investment portfolio, making the stock its 19th largest position. Ironsides Asset Advisors LLC owned approximately 1.89% of Simplify US Equity PLUS Downside Convexity ETF worth $2,044,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Sollinda Capital Management LLC boosted its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 26.8% in the 2nd 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 period. Axxcess Wealth Management LLC raised its holdings 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 in the last quarter. AE Wealth Management LLC lifted its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 1.6% during the 2nd quarter. AE Wealth Management LLC now owns 139,116 shares of the company’s stock worth $4,496,000 after purchasing an additional 2,207 shares during the last quarter. Austin Wealth Management LLC grew its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 1.1% during the first quarter. Austin Wealth Management LLC now owns 116,793 shares of the company’s stock worth $3,693,000 after purchasing an additional 1,296 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF in the second quarter valued at $1,743,000.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

Shares of NYSEARCA SPD opened at $34.29 on Thursday. The business has a 50-day moving average of $33.15 and a two-hundred day moving average of $32.37. The company has a market capitalization of $110.76 million, a price-to-earnings ratio of 25.10 and a beta of 0.90. Simplify US Equity PLUS Downside Convexity ETF has a 1 year low of $26.39 and a 1 year 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.