Atomi Financial Group Inc. Takes Position in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Atomi Financial Group Inc. purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 45,323 shares of the company’s stock, valued at approximately $1,513,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Elevated Capital Advisors LLC grew its stake in Simplify US Equity PLUS Downside Convexity ETF by 26.7% during the 4th quarter. Elevated Capital Advisors LLC now owns 17,721 shares of the company’s stock valued at $591,000 after acquiring an additional 3,732 shares in the last quarter. Financial Enhancement Group LLC boosted its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 36.2% during the third quarter. Financial Enhancement Group LLC now owns 26,368 shares of the company’s stock worth $883,000 after purchasing an additional 7,002 shares during the period. Ironsides Asset Advisors LLC boosted its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 41.1% during the third quarter. Ironsides Asset Advisors LLC now owns 61,083 shares of the company’s stock worth $2,044,000 after purchasing an additional 17,800 shares during the period. Fiduciary Alliance LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the fourth quarter valued at approximately $751,000. Finally, HighTower Advisors LLC increased its stake in Simplify US Equity PLUS Downside Convexity ETF by 80.5% in the 3rd quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock valued at $16,028,000 after buying an additional 213,705 shares during the period.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 1.1 %

Shares of NYSEARCA:SPD opened at $34.52 on Wednesday. The firm has a fifty day moving average of $34.26 and a two-hundred day moving average of $33.40. Simplify US Equity PLUS Downside Convexity ETF has a 12-month low of $29.16 and a 12-month high of $35.24. The firm has a market capitalization of $111.50 million, a P/E ratio of 25.10 and a beta of 0.90.

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.