Cwm LLC Has $1.71 Million Position in Simplify US Equity PLUS Downside Convexity ETF $SPD

Cwm LLC increased its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 43.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,586 shares of the company’s stock after acquiring an additional 13,103 shares during the period. Cwm LLC owned about 1.47% of Simplify US Equity PLUS Downside Convexity ETF worth $1,711,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at about $27,000. Great Lakes Retirement Inc. acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the third quarter valued at about $207,000. Osaic Holdings Inc. boosted its position in Simplify US Equity PLUS Downside Convexity ETF by 21.8% in the second quarter. Osaic Holdings Inc. now owns 7,218 shares of the company’s stock valued at $265,000 after buying an additional 1,291 shares in the last quarter. Centennial Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at about $324,000. Finally, Susquehanna International Group LLP acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the third quarter valued at about $456,000.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 0.7%

NYSEARCA:SPD opened at $39.61 on Friday. The firm has a market cap of $107.74 million, a PE ratio of 28.26 and a beta of 0.73. Simplify US Equity PLUS Downside Convexity ETF has a 12 month low of $33.94 and a 12 month high of $41.20. The company’s 50-day moving average price is $37.97 and its two-hundred day moving average price is $38.96.

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.