Dynamic Advisor Solutions LLC Buys Shares of 8,786 Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Dynamic Advisor Solutions LLC acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,786 shares of the company’s stock, valued at approximately $272,000. Dynamic Advisor Solutions LLC owned 0.43% of Simplify US Equity PLUS Downside Convexity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter valued at $73,000. Jane Street Group LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter valued at $248,000. Insigneo Advisory Services LLC raised its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 64.3% during the 4th quarter. Insigneo Advisory Services LLC now owns 16,273 shares of the company’s stock valued at $543,000 after purchasing an additional 6,370 shares during the period. OLD Mission Capital LLC raised its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 7.2% during the 4th quarter. OLD Mission Capital LLC now owns 18,194 shares of the company’s stock valued at $607,000 after purchasing an additional 1,216 shares during the period. Finally, LPL Financial LLC raised its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 43.8% during the 4th quarter. LPL Financial LLC now owns 18,249 shares of the company’s stock valued at $609,000 after purchasing an additional 5,556 shares during the period.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

Shares of SPD stock opened at $36.39 on Friday. The company has a market capitalization of $84.79 million, a price-to-earnings ratio of 28.26 and a beta of 0.74. Simplify US Equity PLUS Downside Convexity ETF has a one year low of $29.54 and a one year high of $37.60. The company’s fifty day moving average price is $35.66 and its 200-day moving average price is $34.17.

Simplify US Equity PLUS Downside Convexity ETF 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.