Elevated Capital Advisors LLC Acquires New Holdings in Simplify US Equity PLUS Convexity ETF $SPYC

Elevated Capital Advisors LLC bought a new position in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,883 shares of the company’s stock, valued at approximately $509,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Austin Wealth Management LLC boosted its holdings in Simplify US Equity PLUS Convexity ETF by 5.9% in the 4th quarter. Austin Wealth Management LLC now owns 904,781 shares of the company’s stock valued at $39,113,000 after purchasing an additional 50,063 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Simplify US Equity PLUS Convexity ETF by 29.3% in the fourth quarter. Integrated Wealth Concepts LLC now owns 323,898 shares of the company’s stock worth $13,845,000 after purchasing an additional 73,490 shares during the period. AE Wealth Management LLC raised its position in shares of Simplify US Equity PLUS Convexity ETF by 11.6% in the fourth quarter. AE Wealth Management LLC now owns 129,251 shares of the company’s stock worth $5,525,000 after buying an additional 13,432 shares in the last quarter. Evolution Wealth Management Inc. raised its position in shares of Simplify US Equity PLUS Convexity ETF by 37.0% in the first quarter. Evolution Wealth Management Inc. now owns 102,699 shares of the company’s stock worth $4,054,000 after buying an additional 27,738 shares in the last quarter. Finally, Lloyd Advisory Services LLC. boosted its stake in Simplify US Equity PLUS Convexity ETF by 6.5% during the fourth quarter. Lloyd Advisory Services LLC. now owns 40,423 shares of the company’s stock valued at $1,728,000 after buying an additional 2,460 shares during the period.

Simplify US Equity PLUS Convexity ETF Stock Performance

NYSEARCA:SPYC opened at $46.11 on Friday. Simplify US Equity PLUS Convexity ETF has a 52-week low of $38.50 and a 52-week high of $46.58. The stock has a fifty day moving average of $45.28 and a 200 day moving average of $43.19. The firm has a market capitalization of $112.97 million, a price-to-earnings ratio of 26.87 and a beta of 0.99.

About Simplify US Equity PLUS Convexity ETF

The Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk. SPYC was launched on Sep 3, 2020 and is managed by Simplify.