277,854 Shares in Simplify US Equity PLUS Downside Convexity ETF $SPD Purchased by Tidal Investments LLC

Tidal Investments LLC acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 277,854 shares of the company’s stock, valued at approximately $11,525,000. Tidal Investments LLC owned approximately 10.90% of Simplify US Equity PLUS Downside Convexity ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Evolution Wealth Management Inc. grew its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 14.7% in the fourth quarter. Evolution Wealth Management Inc. now owns 114,806 shares of the company’s stock valued at $4,507,000 after purchasing an additional 14,749 shares in the last quarter. Jane Street Group LLC lifted its position in Simplify US Equity PLUS Downside Convexity ETF by 182.4% during the first quarter. Jane Street Group LLC now owns 20,967 shares of the company’s stock worth $649,000 after buying an additional 13,543 shares in the last quarter. Citadel Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the third quarter worth $464,000. Susquehanna International Group LLP acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the third quarter worth $456,000. Finally, Osaic Holdings Inc. grew its holdings in Simplify US Equity PLUS Downside Convexity ETF by 21.8% in the 2nd 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.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 0.9%

Shares of NYSEARCA:SPD opened at $41.99 on Friday. Simplify US Equity PLUS Downside Convexity ETF has a 52-week low of $35.72 and a 52-week high of $43.93. The stock has a market cap of $107.07 million, a P/E ratio of 28.26 and a beta of 0.75. The business has a fifty day moving average of $42.01 and a two-hundred day moving average of $40.40.

Simplify US Equity PLUS Downside Convexity ETF Company 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.