Evolution Wealth Management Inc. Acquires 27,738 Shares of Simplify US Equity PLUS Convexity ETF $SPYC

Evolution Wealth Management Inc. lifted its holdings in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 37.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 102,699 shares of the company’s stock after purchasing an additional 27,738 shares during the period. Simplify US Equity PLUS Convexity ETF accounts for about 3.0% of Evolution Wealth Management Inc.’s portfolio, making the stock its 5th largest position. Evolution Wealth Management Inc. owned 4.47% of Simplify US Equity PLUS Convexity ETF worth $4,054,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AE Wealth Management LLC grew its holdings in Simplify US Equity PLUS Convexity ETF by 11.6% during the 4th quarter. AE Wealth Management LLC now owns 129,251 shares of the company’s stock worth $5,525,000 after acquiring an additional 13,432 shares during the last quarter. Austin Wealth Management LLC increased its position 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 acquiring an additional 50,063 shares in the last quarter. Entrewealth LLC raised its stake in shares of Simplify US Equity PLUS Convexity ETF by 10.2% in the third quarter. Entrewealth LLC now owns 218,625 shares of the company’s stock worth $9,370,000 after acquiring an additional 20,159 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Simplify US Equity PLUS Convexity ETF by 8.9% in the third quarter. Integrated Wealth Concepts LLC now owns 250,408 shares of the company’s stock worth $10,732,000 after acquiring an additional 20,567 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of Simplify US Equity PLUS Convexity ETF by 16.3% during the third quarter. Susquehanna International Group LLP now owns 6,803 shares of the company’s stock worth $292,000 after purchasing an additional 951 shares in the last quarter.

Simplify US Equity PLUS Convexity ETF Price Performance

SPYC opened at $45.38 on Friday. Simplify US Equity PLUS Convexity ETF has a one year low of $38.50 and a one year high of $46.58. The company’s 50 day simple moving average is $45.02 and its 200-day simple moving average is $43.08. The stock has a market capitalization of $111.18 million, a P/E ratio of 26.87 and a beta of 0.99.

Simplify US Equity PLUS Convexity ETF Company Profile

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.