Mid American Wealth Advisory Group Inc. Increases Stake in Simplify Bitcoin Strategy PLUS Income ETF $MAXI

Mid American Wealth Advisory Group Inc. raised its stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) by 315.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,431 shares of the company’s stock after acquiring an additional 55,738 shares during the quarter. Mid American Wealth Advisory Group Inc. owned approximately 2.61% of Simplify Bitcoin Strategy PLUS Income ETF worth $609,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MAXI. Authentikos Wealth Advisory LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF during the 4th quarter worth approximately $1,159,000. Proficio Capital Partners LLC acquired a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter valued at $569,000. Nwam LLC acquired a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the 2nd quarter valued at $281,000. Cambridge Advisors Inc. boosted its holdings in Simplify Bitcoin Strategy PLUS Income ETF by 4.2% during the first quarter. Cambridge Advisors Inc. now owns 32,732 shares of the company’s stock worth $312,000 after buying an additional 1,330 shares in the last quarter. Finally, Orion Porfolio Solutions LLC purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the second quarter worth $287,000.

Simplify Bitcoin Strategy PLUS Income ETF Stock Down 5.7%

MAXI opened at $14.31 on Friday. The company has a fifty day moving average of $10.17 and a two-hundred day moving average of $10.23. Simplify Bitcoin Strategy PLUS Income ETF has a fifty-two week low of $8.22 and a fifty-two week high of $32.28.

Simplify Bitcoin Strategy PLUS Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, August 31st. Investors of record on Wednesday, August 26th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, August 26th.

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.