Simplify Asset Management Inc. Sells 278,866 Shares of Simplify US Equity PLUS Upside Convexity ETF $SPUC

Simplify Asset Management Inc. decreased its position in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) by 14.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,634,812 shares of the company’s stock after selling 278,866 shares during the period. Simplify US Equity PLUS Upside Convexity ETF comprises 1.5% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 6th biggest position. Simplify Asset Management Inc. owned approximately 78.60% of Simplify US Equity PLUS Upside Convexity ETF worth $82,068,000 at the end of the most recent quarter.

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

Simplify US Equity PLUS Upside Convexity ETF Price Performance

Simplify US Equity PLUS Upside Convexity ETF stock opened at $47.17 on Tuesday. The stock has a market capitalization of $98.11 million, a PE ratio of 21.23 and a beta of 1.25. The business has a 50 day simple moving average of $49.72 and a 200-day simple moving average 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.

About Simplify US Equity PLUS Upside Convexity ETF

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.