Nwam LLC acquired a new stake in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 116,616 shares of the company’s stock, valued at approximately $1,169,000. Nwam LLC owned approximately 3.03% of Simplify Multi-QIS Alternative ETF as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in Simplify Multi-QIS Alternative ETF by 4.9% in the third quarter. Envestnet Asset Management Inc. now owns 29,651 shares of the company’s stock valued at $568,000 after acquiring an additional 1,382 shares during the period. Kestra Advisory Services LLC acquired a new stake in Simplify Multi-QIS Alternative ETF during the fourth quarter valued at approximately $77,000. Advocacy Wealth Management LLC acquired a new stake in Simplify Multi-QIS Alternative ETF during the second quarter valued at approximately $75,000. Finally, Jane Street Group LLC grew its stake in shares of Simplify Multi-QIS Alternative ETF by 75.8% in the 1st quarter. Jane Street Group LLC now owns 28,088 shares of the company’s stock valued at $652,000 after purchasing an additional 12,113 shares during the period.
Simplify Multi-QIS Alternative ETF Price Performance
Shares of QIS opened at $11.44 on Thursday. Simplify Multi-QIS Alternative ETF has a 1 year low of $9.14 and a 1 year high of $20.26. The stock has a 50 day simple moving average of $10.18 and a 200-day simple moving average of $11.85.
About Simplify Multi-QIS Alternative ETF
The Simplify Multi-QIS Alternative ETF (QIS) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps. QIS was launched on Jul 10, 2023 and is issued by Simplify.
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