Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) Stock Position Decreased by Cwm LLC

Cwm LLC cut its holdings in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,045 shares of the company’s stock after selling 26,355 shares during the period. Cwm LLC owned approximately 13.69% of Simplify US Equity PLUS Convexity ETF worth $10,428,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Financial Enhancement Group LLC increased its holdings in shares of Simplify US Equity PLUS Convexity ETF by 1.9% during the 4th quarter. Financial Enhancement Group LLC now owns 299,505 shares of the company’s stock valued at $9,150,000 after acquiring an additional 5,626 shares during the last quarter. Austin Wealth Management LLC bought a new position in shares of Simplify US Equity PLUS Convexity ETF in the third quarter worth about $16,416,000. Integrated Wealth Concepts LLC lifted its position in shares of Simplify US Equity PLUS Convexity ETF by 1.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 272,604 shares of the company’s stock worth $7,587,000 after purchasing an additional 2,743 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Simplify US Equity PLUS Convexity ETF by 90.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 91,548 shares of the company’s stock valued at $2,548,000 after purchasing an additional 43,598 shares during the period.

Simplify US Equity PLUS Convexity ETF Stock Up 1.0 %

Shares of SPYC stock opened at $32.82 on Tuesday. Simplify US Equity PLUS Convexity ETF has a 12 month low of $26.48 and a 12 month high of $35.20. The firm has a market cap of $63.34 million, a PE ratio of 25.49 and a beta of 1.13. The stock has a 50 day moving average of $33.85 and a 200-day moving average of $31.24.

About Simplify US Equity PLUS Convexity ETF

The Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk.