Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) Shares Acquired by Simplify Asset Management Inc.

Simplify Asset Management Inc. increased its position in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) by 161.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,293 shares of the company’s stock after acquiring an additional 100,258 shares during the period. Simplify Asset Management Inc. owned approximately 3.58% of Simplify Multi-QIS Alternative ETF worth $3,976,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Collaborative Wealth Managment Inc. grew its position in Simplify Multi-QIS Alternative ETF by 8.1% in the fourth quarter. Collaborative Wealth Managment Inc. now owns 11,844 shares of the company’s stock worth $290,000 after buying an additional 883 shares during the last quarter. Twelve Points Wealth Management LLC boosted its stake in shares of Simplify Multi-QIS Alternative ETF by 243.7% during the 4th quarter. Twelve Points Wealth Management LLC now owns 31,439 shares of the company’s stock worth $770,000 after acquiring an additional 22,293 shares in the last quarter. Financial Enhancement Group LLC acquired a new position in shares of Simplify Multi-QIS Alternative ETF in the 4th quarter worth $1,326,000. Matrix Trust Co raised its position in shares of Simplify Multi-QIS Alternative ETF by 627.5% during the fourth quarter. Matrix Trust Co now owns 32,447 shares of the company’s stock worth $795,000 after purchasing an additional 27,987 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Simplify Multi-QIS Alternative ETF during the third quarter valued at $673,000.

Simplify Multi-QIS Alternative ETF Trading Up 0.9 %

NYSEARCA:QIS opened at $24.26 on Friday. The stock has a fifty day simple moving average of $24.37 and a 200 day simple moving average of $24.47. Simplify Multi-QIS Alternative ETF has a 1-year low of $22.25 and a 1-year high of $25.98.

Simplify Multi-QIS Alternative ETF Profile

The Simplify Multi-QIS Alternative ETF (QIS) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps.