AE Wealth Management LLC Sells 103,130 Shares of Simplify US Equity PLUS Upside Convexity ETF $SPUC

AE Wealth Management LLC decreased its position in shares of Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) by 98.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,237 shares of the company’s stock after selling 103,130 shares during the period. AE Wealth Management LLC owned about 0.06% of Simplify US Equity PLUS Upside Convexity ETF worth $62,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC increased its position in Simplify US Equity PLUS Upside Convexity ETF by 7.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 213,093 shares of the company’s stock valued at $10,697,000 after acquiring an additional 14,427 shares in the last quarter. Great Lakes Retirement Inc. acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth approximately $299,000. Finally, LifeWealth Investments LLC bought a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the second quarter valued at approximately $229,000.

Simplify US Equity PLUS Upside Convexity ETF Stock Up 0.5%

SPUC stock opened at $47.68 on Tuesday. The company has a market cap of $107.28 million, a P/E ratio of 21.23 and a beta of 1.25. Simplify US Equity PLUS Upside Convexity ETF has a twelve month low of $32.30 and a twelve month high of $52.08. The business has a fifty day moving average of $48.14 and a 200-day moving average of $48.62.

Simplify US Equity PLUS Upside Convexity ETF Company Profile

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.