Axxcess Wealth Management LLC Invests $9.51 Million in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Axxcess Wealth Management LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 284,816 shares of the company’s stock, valued at approximately $9,505,000. Axxcess Wealth Management LLC owned about 0.09% of Simplify US Equity PLUS Downside Convexity ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at $73,000. Elevated Capital Advisors LLC increased its stake in Simplify US Equity PLUS Downside Convexity ETF by 26.7% in the fourth quarter. Elevated Capital Advisors LLC now owns 17,721 shares of the company’s stock valued at $591,000 after purchasing an additional 3,732 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at $751,000. B.O.S.S. Retirement Advisors LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at $857,000. Finally, Atomi Financial Group Inc. acquired a new position in Simplify US Equity PLUS Downside Convexity ETF in the fourth quarter valued at $1,513,000.

Simplify US Equity PLUS Downside Convexity ETF Trading Up 0.5 %

Simplify US Equity PLUS Downside Convexity ETF stock opened at $31.69 on Tuesday. The firm has a market capitalization of $102.36 million, a P/E ratio of 24.45 and a beta of 0.74. The stock has a fifty day moving average price of $33.61 and a 200 day moving average price of $33.72. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $29.70 and a 52 week high of $35.30.

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.