Farther Finance Advisors LLC Makes New $73,000 Investment in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Farther Finance Advisors LLC bought a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,184 shares of the company’s stock, valued at approximately $73,000.

Other hedge funds have also made changes to their positions in the company. Elevated Capital Advisors LLC raised its holdings in Simplify US Equity PLUS Downside Convexity ETF by 26.7% in the fourth quarter. Elevated Capital Advisors LLC now owns 17,721 shares of the company’s stock valued at $591,000 after acquiring an additional 3,732 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter valued at about $751,000. B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter valued at about $857,000. Atomi Financial Group Inc. bought a new position in shares of Simplify US Equity PLUS Downside Convexity ETF during the fourth quarter worth about $1,513,000. Finally, Almanack Investment Partners LLC. grew its stake in Simplify US Equity PLUS Downside Convexity ETF by 4.8% in the fourth quarter. Almanack Investment Partners LLC. now owns 142,651 shares of the company’s stock worth $4,761,000 after purchasing an additional 6,533 shares in the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Stock Down 0.1 %

Shares of NYSEARCA SPD opened at $31.46 on Friday. The stock’s 50 day moving average price is $33.45 and its two-hundred day moving average price is $33.68. Simplify US Equity PLUS Downside Convexity ETF has a 52-week low of $29.70 and a 52-week high of $35.30. The stock has a market capitalization of $101.62 million, a P/E ratio of 24.45 and a beta of 0.74.

About Simplify US Equity PLUS Downside Convexity ETF

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.