Nwam LLC Acquires New Stake in Simplify Bitcoin Strategy PLUS Income ETF $MAXI

Nwam LLC acquired a new stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,830 shares of the company’s stock, valued at approximately $281,000. Nwam LLC owned about 1.20% of Simplify Bitcoin Strategy PLUS Income ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MAXI. Orion Porfolio Solutions LLC bought a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the 2nd quarter valued at $287,000. Osaic Holdings Inc. bought a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter valued at about $57,000. Authentikos Wealth Advisory LLC bought a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 4th quarter valued at about $1,159,000. Finally, Cambridge Advisors Inc. lifted its position in shares of Simplify Bitcoin Strategy PLUS Income ETF by 4.2% in the 1st quarter. Cambridge Advisors Inc. now owns 32,732 shares of the company’s stock worth $312,000 after purchasing an additional 1,330 shares during the period.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

Shares of MAXI stock opened at $15.17 on Friday. Simplify Bitcoin Strategy PLUS Income ETF has a 52-week low of $8.22 and a 52-week high of $32.28. The company’s 50 day moving average is $10.05 and its 200 day moving average is $10.20.

Simplify Bitcoin Strategy PLUS Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 31st. Investors of record on Wednesday, August 26th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, August 26th.

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.