Austin Wealth Management LLC Has $39.11 Million Stock Position in Simplify US Equity PLUS Convexity ETF $SPYC

Austin Wealth Management LLC lifted its position in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 904,781 shares of the company’s stock after acquiring an additional 50,063 shares during the period. Simplify US Equity PLUS Convexity ETF makes up about 5.8% of Austin Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Austin Wealth Management LLC owned approximately 39.68% of Simplify US Equity PLUS Convexity ETF worth $39,113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPYC. Raymond James Financial Inc. bought a new stake in shares of Simplify US Equity PLUS Convexity ETF during the 2nd quarter worth approximately $48,000. Osaic Holdings Inc. bought a new position in Simplify US Equity PLUS Convexity ETF in the 2nd quarter valued at approximately $67,000. Modern Wealth Management LLC bought a new position in Simplify US Equity PLUS Convexity ETF in the 2nd quarter valued at approximately $230,000. LifeWealth Investments LLC lifted its stake in Simplify US Equity PLUS Convexity ETF by 7.4% in the 3rd quarter. LifeWealth Investments LLC now owns 6,170 shares of the company’s stock valued at $264,000 after purchasing an additional 426 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its stake in Simplify US Equity PLUS Convexity ETF by 16.3% in the 3rd quarter. Susquehanna International Group LLP now owns 6,803 shares of the company’s stock valued at $292,000 after purchasing an additional 951 shares during the last quarter.

Simplify US Equity PLUS Convexity ETF Price Performance

Shares of NYSEARCA:SPYC opened at $42.53 on Thursday. The company has a market cap of $96.97 million, a price-to-earnings ratio of 26.87 and a beta of 0.99. The firm has a 50 day simple moving average of $41.18 and a 200 day simple moving average of $42.39. Simplify US Equity PLUS Convexity ETF has a one year low of $33.61 and a one year high of $45.21.

Simplify US Equity PLUS Convexity ETF Company Profile

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. SPYC was launched on Sep 3, 2020 and is managed by Simplify.