Simplify US Equity PLUS Upside Convexity ETF $SPUC is Simplify Asset Management Inc.’s 6th Largest Position

Simplify Asset Management Inc. lessened its stake in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) by 14.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,634,812 shares of the company’s stock after selling 278,866 shares during the quarter. Simplify US Equity PLUS Upside Convexity ETF comprises about 1.5% of Simplify Asset Management Inc.’s holdings, making the stock its 6th largest holding. Simplify Asset Management Inc. owned 0.79% of Simplify US Equity PLUS Upside Convexity ETF worth $82,068,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. acquired a new position in Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth $1,535,000. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the 2nd quarter worth $883,000. LifeWealth Investments LLC purchased a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the 2nd quarter worth $229,000. Great Lakes Retirement Inc. acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the 2nd quarter valued at about $299,000. Finally, AE Wealth Management LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF in the second quarter valued at about $4,666,000.

Simplify US Equity PLUS Upside Convexity ETF Trading Down 0.3%

Simplify US Equity PLUS Upside Convexity ETF stock opened at $47.17 on Tuesday. The company has a 50-day moving average price of $49.72 and a 200 day moving average price of $48.00. Simplify US Equity PLUS Upside Convexity ETF has a 12-month low of $32.30 and a 12-month high of $52.08. The stock has a market cap of $98.11 million, a P/E ratio of 21.23 and a beta of 1.25.

Simplify US Equity PLUS Upside Convexity ETF Company Profile

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.