Integrated Wealth Concepts LLC Grows Position in Simplify US Equity PLUS Convexity ETF $SPYC

Integrated Wealth Concepts LLC increased its position in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 11.5% in the second quarter, HoldingsChannel reports. The firm owned 326,608 shares of the company’s stock after purchasing an additional 33,569 shares during the quarter. Integrated Wealth Concepts LLC owned 0.13% of Simplify US Equity PLUS Convexity ETF worth $14,920,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. grew its stake in Simplify US Equity PLUS Convexity ETF by 37.0% in the first quarter. Evolution Wealth Management Inc. now owns 102,699 shares of the company’s stock worth $4,054,000 after purchasing an additional 27,738 shares during the period. Lloyd Advisory Services LLC. raised its holdings in Simplify US Equity PLUS Convexity ETF by 6.5% in the fourth quarter. Lloyd Advisory Services LLC. now owns 40,423 shares of the company’s stock worth $1,728,000 after purchasing an additional 2,460 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in Simplify US Equity PLUS Convexity ETF during the first quarter valued at $509,000. Howard Bailey Securities LLC lifted its position in Simplify US Equity PLUS Convexity ETF by 13.4% during the fourth quarter. Howard Bailey Securities LLC now owns 11,046 shares of the company’s stock valued at $472,000 after buying an additional 1,309 shares during the period. Finally, Susquehanna International Group LLP boosted its holdings in shares of Simplify US Equity PLUS Convexity ETF by 16.3% during the 3rd quarter. Susquehanna International Group LLP now owns 6,803 shares of the company’s stock valued at $292,000 after buying an additional 951 shares in the last quarter.

Simplify US Equity PLUS Convexity ETF Price Performance

NYSEARCA:SPYC opened at $46.08 on Thursday. The firm’s 50-day moving average price is $46.20 and its 200-day moving average price is $44.22. The company has a market capitalization of $113.82 million, a PE ratio of 26.87 and a beta of 0.99. Simplify US Equity PLUS Convexity ETF has a 1-year low of $38.50 and a 1-year high of $48.96.

Simplify US Equity PLUS Convexity ETF 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.