51,346 Shares in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) Purchased by Lloyd Advisory Services LLC.

Lloyd Advisory Services LLC. bought a new position in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 51,346 shares of the company’s stock, valued at approximately $1,660,000. Simplify US Equity PLUS Downside Convexity ETF accounts for 0.8% of Lloyd Advisory Services LLC.’s holdings, making the stock its 27th biggest holding. Lloyd Advisory Services LLC. owned 1.59% of Simplify US Equity PLUS Downside Convexity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPD. Capital Investment Advisory Services LLC grew its position in Simplify US Equity PLUS Downside Convexity ETF by 438.6% during the first quarter. Capital Investment Advisory Services LLC now owns 43,563 shares of the company’s stock worth $1,354,000 after buying an additional 35,475 shares during the period. Almanack Investment Partners LLC. acquired a new position in Simplify US Equity PLUS Downside Convexity ETF during the first quarter worth about $4,127,000. Ironsides Asset Advisors LLC grew its position in Simplify US Equity PLUS Downside Convexity ETF by 12.4% during the first quarter. Ironsides Asset Advisors LLC now owns 38,833 shares of the company’s stock worth $1,207,000 after buying an additional 4,295 shares during the period. Axxcess Wealth Management LLC grew its position in Simplify US Equity PLUS Downside Convexity ETF by 12.0% during the first quarter. Axxcess Wealth Management LLC now owns 390,278 shares of the company’s stock worth $12,134,000 after buying an additional 41,682 shares during the period. Finally, Austin Wealth Management LLC grew its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 1.1% in the first quarter. Austin Wealth Management LLC now owns 116,793 shares of the company’s stock valued at $3,693,000 after purchasing an additional 1,296 shares during the last quarter.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

SPD stock opened at $31.72 on Friday. The company’s 50 day simple moving average is $32.49 and its 200-day simple moving average is $31.63. The firm has a market capitalization of $102.46 million, a PE ratio of 25.10 and a beta of 0.90. Simplify US Equity PLUS Downside Convexity ETF has a 12 month low of $25.37 and a 12 month high of $33.51.

Simplify US Equity PLUS Downside Convexity ETF Company 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.