AE Wealth Management LLC Buys 91,869 Shares of Simplify US Equity PLUS Upside Convexity ETF $SPUC

AE Wealth Management LLC grew its stake in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) by 7,426.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 93,106 shares of the company’s stock after purchasing an additional 91,869 shares during the quarter. AE Wealth Management LLC owned about 4.14% of Simplify US Equity PLUS Upside Convexity ETF worth $4,338,000 at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC grew its position in shares of Simplify US Equity PLUS Upside Convexity ETF by 7.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 213,093 shares of the company’s stock worth $10,697,000 after buying an additional 14,427 shares during the period.

Simplify US Equity PLUS Upside Convexity ETF Price Performance

NYSEARCA:SPUC opened at $47.91 on Monday. The firm’s 50-day moving average price is $45.91 and its 200-day moving average price is $47.90. The company has a market capitalization of $111.63 million, a PE ratio of 21.23 and a beta of 1.27. Simplify US Equity PLUS Upside Convexity ETF has a 1-year low of $32.30 and a 1-year high of $52.08.

Simplify US Equity PLUS Upside Convexity ETF Profile

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.