Tidal Investments LLC Takes $11.53 Million Position in Simplify US Equity PLUS Downside Convexity ETF $SPD

Tidal Investments LLC purchased a new position in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 277,854 shares of the company’s stock, valued at approximately $11,525,000. Tidal Investments LLC owned about 0.11% of Simplify US Equity PLUS Downside Convexity ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Evolution Wealth Management Inc. lifted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 14.7% in the fourth quarter. Evolution Wealth Management Inc. now owns 114,806 shares of the company’s stock valued at $4,507,000 after acquiring an additional 14,749 shares during the last quarter. Jane Street Group LLC grew its position in Simplify US Equity PLUS Downside Convexity ETF by 182.4% in the first quarter. Jane Street Group LLC now owns 20,967 shares of the company’s stock worth $649,000 after acquiring an additional 13,543 shares during the period. Citadel Advisors LLC acquired a new stake in Simplify US Equity PLUS Downside Convexity ETF during the third quarter worth $464,000. Susquehanna International Group LLP acquired a new stake in Simplify US Equity PLUS Downside Convexity ETF during the third quarter worth $456,000. Finally, Osaic Holdings Inc. raised its position in Simplify US Equity PLUS Downside Convexity ETF by 21.8% in the second quarter. Osaic Holdings Inc. now owns 7,218 shares of the company’s stock valued at $265,000 after purchasing an additional 1,291 shares during the period.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 0.9%

Shares of Simplify US Equity PLUS Downside Convexity ETF stock opened at $41.99 on Friday. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $35.72 and a 52 week high of $43.93. The business’s fifty day simple moving average is $42.01 and its 200-day simple moving average is $40.40. The firm has a market cap of $107.07 million, a PE ratio of 28.26 and a beta of 0.75.

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.