Cwm LLC Has $10.43 Million Stock Position in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC)

Cwm LLC lessened its holdings in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 7.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 338,045 shares of the company’s stock after selling 26,355 shares during the quarter. Cwm LLC owned 0.14% of Simplify US Equity PLUS Convexity ETF worth $10,428,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC increased its holdings 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 acquiring an additional 2,743 shares during the last quarter. Financial Enhancement Group LLC increased its holdings in shares of Simplify US Equity PLUS Convexity ETF by 1.9% in the fourth quarter. Financial Enhancement Group LLC now owns 299,505 shares of the company’s stock valued at $9,150,000 after purchasing an additional 5,626 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of 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 worth $2,548,000 after buying an additional 43,598 shares during the last quarter. Finally, Austin Wealth Management LLC acquired a new stake in shares of Simplify US Equity PLUS Convexity ETF during the 3rd quarter worth about $16,416,000.

Simplify US Equity PLUS Convexity ETF Stock Performance

Shares of SPYC opened at $32.82 on Tuesday. The firm has a market cap of $63.34 million, a P/E ratio of 25.49 and a beta of 1.13. Simplify US Equity PLUS Convexity ETF has a 52 week low of $26.48 and a 52 week high of $35.20. The firm’s 50-day simple moving average is $33.85 and its 200 day simple moving average is $31.24.

Simplify US Equity PLUS Convexity ETF Company Profile

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.