Simplify Volt RoboCar Disruption and Tech ETF (NYSEARCA:VCAR) Trading Down 2.2%

Simplify Volt RoboCar Disruption and Tech ETF (NYSEARCA:VCAR)’s stock price traded down 2.2% during mid-day trading on Wednesday . The stock traded as low as $9.65 and last traded at $9.65. 3,649 shares were traded during trading, a decline of 6% from the average session volume of 3,898 shares. The stock had previously closed at $9.87.

Simplify Volt RoboCar Disruption and Tech ETF Stock Performance

The company has a 50-day moving average price of $10.27 and a 200-day moving average price of $9.51. The firm has a market capitalization of $4.83 million, a price-to-earnings ratio of 19.86 and a beta of 1.66.

Institutional Trading of Simplify Volt RoboCar Disruption and Tech ETF

Several institutional investors and hedge funds have recently made changes to their positions in VCAR. Coppell Advisory Solutions LLC purchased a new stake in shares of Simplify Volt RoboCar Disruption and Tech ETF in the 2nd quarter valued at about $30,000. Royal Bank of Canada acquired a new stake in Simplify Volt RoboCar Disruption and Tech ETF during the 2nd quarter worth approximately $39,000. Finally, Jane Street Group LLC lifted its position in Simplify Volt RoboCar Disruption and Tech ETF by 17.0% during the 2nd quarter. Jane Street Group LLC now owns 25,775 shares of the company’s stock worth $234,000 after acquiring an additional 3,746 shares during the period.

Simplify Volt RoboCar Disruption and Tech ETF Company Profile

The Simplify Volt RoboCar Disruption and Tech ETF (VCAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects a narrow portfolio of companies globally that focus on autonomous driving. The fund may use options to leverage performance. VCAR was launched on Dec 28, 2020 and is managed by Simplify.