Ethos Financial Group LLC Raises Stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Ethos Financial Group LLC increased its stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 240.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 212,366 shares of the company’s stock after buying an additional 150,079 shares during the quarter. Ethos Financial Group LLC owned 0.07% of Simplify US Equity PLUS Downside Convexity ETF worth $7,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC boosted its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 80.5% in the 3rd quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock worth $16,028,000 after buying an additional 213,705 shares during the last quarter. Ironsides Asset Advisors LLC lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 41.1% during the third quarter. Ironsides Asset Advisors LLC now owns 61,083 shares of the company’s stock valued at $2,044,000 after purchasing an additional 17,800 shares during the last quarter. Elevated Capital Advisors LLC lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 26.7% during the fourth quarter. Elevated Capital Advisors LLC now owns 17,721 shares of the company’s stock valued at $591,000 after purchasing an additional 3,732 shares during the last quarter. Almanack Investment Partners LLC. lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 4.8% during the fourth quarter. Almanack Investment Partners LLC. now owns 142,651 shares of the company’s stock valued at $4,761,000 after purchasing an additional 6,533 shares during the last quarter. Finally, Financial Enhancement Group LLC lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 36.2% during the third quarter. Financial Enhancement Group LLC now owns 26,368 shares of the company’s stock valued at $883,000 after purchasing an additional 7,002 shares during the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 1.2 %

NYSEARCA SPD opened at $32.64 on Thursday. The company has a market cap of $133.82 million, a PE ratio of 26.63 and a beta of 0.74. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $29.70 and a 52 week high of $35.30. The firm’s 50-day simple moving average is $33.97 and its two-hundred day simple moving average is $33.77.

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.