Evolution Wealth Management Inc. Has $4.76 Million Position in Simplify US Equity PLUS Downside Convexity ETF $SPD

Evolution Wealth Management Inc. lifted its stake in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 13.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,790 shares of the company’s stock after acquiring an additional 15,984 shares during the period. Simplify US Equity PLUS Downside Convexity ETF makes up 3.5% of Evolution Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Evolution Wealth Management Inc. owned approximately 4.81% of Simplify US Equity PLUS Downside Convexity ETF worth $4,757,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jane Street Group LLC raised its stake in Simplify US Equity PLUS Downside Convexity ETF by 182.4% during the 1st quarter. Jane Street Group LLC now owns 20,967 shares of the company’s stock valued at $649,000 after purchasing an additional 13,543 shares during the last quarter. Osaic Holdings Inc. grew its position 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 worth $265,000 after purchasing an additional 1,291 shares during the last quarter. Ironsides Asset Advisors LLC increased its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF by 3.0% during the 3rd quarter. Ironsides Asset Advisors LLC now owns 85,839 shares of the company’s stock worth $3,391,000 after purchasing an additional 2,517 shares during the period. Citadel Advisors LLC bought a new position in shares of Simplify US Equity PLUS Downside Convexity ETF during the 3rd quarter worth about $464,000. Finally, Susquehanna International Group LLP bought a new position in shares of Simplify US Equity PLUS Downside Convexity ETF during the 3rd quarter worth about $456,000.

Simplify US Equity PLUS Downside Convexity ETF Stock Performance

Shares of SPD opened at $41.36 on Friday. The company has a 50-day simple moving average of $41.04 and a 200-day simple moving average of $39.48. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $35.72 and a 52 week high of $42.29. The firm has a market capitalization of $106.71 million, a P/E ratio of 28.26 and a beta of 0.75.

Simplify US Equity PLUS Downside Convexity ETF 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.