Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC reduced its holdings in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 0.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 388,428 shares of the company’s stock after selling 1,850 shares during the period. Axxcess Wealth Management LLC owned about 12.03% of Simplify US Equity PLUS Downside Convexity ETF worth $12,554,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lloyd Advisory Services LLC. acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at about $1,395,000. Capital Investment Advisory Services LLC boosted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 438.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 43,563 shares of the company’s stock worth $1,354,000 after buying an additional 35,475 shares during the last quarter. Almanack Investment Partners LLC. purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF during the 1st quarter worth approximately $4,127,000. Ironsides Asset Advisors LLC raised its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 12.4% during the first quarter. Ironsides Asset Advisors LLC now owns 38,833 shares of the company’s stock valued at $1,207,000 after acquiring an additional 4,295 shares during the last quarter. Finally, Austin Wealth Management LLC lifted its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 1.1% in the first quarter. Austin Wealth Management LLC now owns 116,793 shares of the company’s stock valued at $3,693,000 after acquiring an additional 1,296 shares in the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

Shares of NYSEARCA:SPD opened at $32.80 on Tuesday. Simplify US Equity PLUS Downside Convexity ETF has a 1 year low of $25.37 and a 1 year high of $33.51. The firm has a market capitalization of $105.94 million, a PE ratio of 25.10 and a beta of 0.90. The business’s 50 day moving average price is $32.46 and its 200-day moving average price is $31.74.

Simplify US Equity PLUS Downside Convexity ETF Company Profile

The Simplify US Equity PLUS Downside Convexity ETF (SPD) 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 US large-cap stocks while applying a downside options overlay strategy. SPD was launched on Sep 3, 2020 and is managed by Simplify.