Elevated Capital Advisors LLC Purchases Shares of 11,636 Simplify US Equity PLUS Upside Convexity ETF $SPUC

Elevated Capital Advisors LLC purchased a new stake in Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) during the 1st quarter, Holdings Channel reports. The firm purchased 11,636 shares of the company’s stock, valued at approximately $514,000.

A number of other hedge funds have also modified their holdings of SPUC. AE Wealth Management LLC lifted its stake in Simplify US Equity PLUS Upside Convexity ETF by 7,426.8% in the 4th quarter. AE Wealth Management LLC now owns 93,106 shares of the company’s stock valued at $4,338,000 after buying an additional 91,869 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Simplify US Equity PLUS Upside Convexity ETF during the fourth quarter worth $1,597,000. Commonwealth Equity Services LLC raised its holdings in shares of Simplify US Equity PLUS Upside Convexity ETF by 6.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 227,107 shares of the company’s stock worth $10,582,000 after acquiring an additional 14,014 shares during the last quarter. B.O.S.S. Retirement Advisors LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF in the fourth quarter worth $479,000. Finally, Howard Bailey Securities LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF in the fourth quarter valued at $424,000.

Simplify US Equity PLUS Upside Convexity ETF Stock Up 0.5%

Shares of NYSEARCA:SPUC opened at $49.74 on Friday. The company has a market capitalization of $93.51 million, a P/E ratio of 21.23 and a beta of 1.24. Simplify US Equity PLUS Upside Convexity ETF has a 52-week low of $42.89 and a 52-week high of $52.08. The stock’s fifty day simple moving average is $49.19 and its 200-day simple moving average is $47.52.

About Simplify US Equity PLUS Upside Convexity ETF

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.