AE Wealth Management LLC Invests $4.82 Million in Simplify US Equity PLUS Convexity ETF $SPYC

AE Wealth Management LLC acquired a new stake in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 116,592 shares of the company’s stock, valued at approximately $4,818,000. AE Wealth Management LLC owned about 5.62% of Simplify US Equity PLUS Convexity ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LifeWealth Investments LLC bought a new position in Simplify US Equity PLUS Convexity ETF during the second quarter valued at $237,000. CWM LLC grew its position in Simplify US Equity PLUS Convexity ETF by 117.3% in the 1st quarter. CWM LLC now owns 7,090 shares of the company’s stock valued at $244,000 after acquiring an additional 3,827 shares during the last quarter. OLD Mission Capital LLC increased its stake in Simplify US Equity PLUS Convexity ETF by 7.5% in the 1st quarter. OLD Mission Capital LLC now owns 8,031 shares of the company’s stock worth $277,000 after buying an additional 559 shares during the period. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Simplify US Equity PLUS Convexity ETF during the second quarter worth approximately $929,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Simplify US Equity PLUS Convexity ETF during the 2nd quarter valued at $1,611,000.

Simplify US Equity PLUS Convexity ETF Price Performance

NYSEARCA:SPYC opened at $42.83 on Monday. The company has a 50-day moving average of $42.77 and a 200 day moving average of $41.01. Simplify US Equity PLUS Convexity ETF has a 1-year low of $30.67 and a 1-year high of $45.21. The firm has a market cap of $92.94 million, a PE ratio of 26.87 and a beta of 0.98.

About Simplify US Equity PLUS Convexity ETF

The Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk.