Wealth Enhancement Advisory Services LLC Has $1.20 Million Position in Simplify US Equity PLUS Downside Convexity ETF $SPD

Wealth Enhancement Advisory Services LLC lessened its stake in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 85.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,797 shares of the company’s stock after selling 180,623 shares during the period. Wealth Enhancement Advisory Services LLC owned 1.32% of Simplify US Equity PLUS Downside Convexity ETF worth $1,199,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. US Bancorp DE raised its holdings in Simplify US Equity PLUS Downside Convexity ETF by 178.0% during the first quarter. US Bancorp DE now owns 1,707 shares of the company’s stock worth $53,000 after buying an additional 1,093 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter worth $248,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the 1st quarter worth $272,000. Alpha Cubed Investments LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the 1st quarter worth $274,000. Finally, Elevated Capital Advisors LLC grew its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 3.5% in the 1st quarter. Elevated Capital Advisors LLC now owns 18,341 shares of the company’s stock worth $567,000 after acquiring an additional 620 shares in the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

NYSEARCA SPD opened at $39.72 on Thursday. Simplify US Equity PLUS Downside Convexity ETF has a 1 year low of $29.54 and a 1 year high of $39.96. The firm has a market cap of $95.33 million, a price-to-earnings ratio of 28.26 and a beta of 0.66. The company has a fifty day moving average price of $38.51 and a 200-day moving average price of $36.39.

About Simplify US Equity PLUS Downside Convexity ETF

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.