Evolution Wealth Management Inc. Grows Position in Simplify US Equity PLUS Downside Convexity ETF $SPD

Evolution Wealth Management Inc. increased its position in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 13.9% during the first quarter, HoldingsChannel.com reports. The firm owned 130,790 shares of the company’s stock after buying an additional 15,984 shares during the period. Simplify US Equity PLUS Downside Convexity ETF accounts for about 3.5% of Evolution Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Evolution Wealth Management Inc.’s holdings in Simplify US Equity PLUS Downside Convexity ETF were worth $4,757,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Jane Street Group LLC lifted its position in Simplify US Equity PLUS Downside Convexity ETF by 182.4% in the first quarter. Jane Street Group LLC now owns 20,967 shares of the company’s stock worth $649,000 after purchasing an additional 13,543 shares during the period. Osaic Holdings Inc. increased its holdings in Simplify US Equity PLUS Downside Convexity ETF by 21.8% in the 2nd quarter. Osaic Holdings Inc. now owns 7,218 shares of the company’s stock valued at $265,000 after buying an additional 1,291 shares during the period. Ironsides Asset Advisors LLC increased its holdings in Simplify US Equity PLUS Downside Convexity ETF by 3.0% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 85,839 shares of the company’s stock valued at $3,391,000 after buying an additional 2,517 shares during the period. Citadel Advisors LLC bought a new stake in Simplify US Equity PLUS Downside Convexity ETF in the 3rd quarter valued at $464,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Simplify US Equity PLUS Downside Convexity ETF in the 3rd quarter valued at $456,000.

Simplify US Equity PLUS Downside Convexity ETF Stock Performance

NYSEARCA:SPD opened at $41.36 on Friday. The company has a 50-day moving average of $41.04 and a 200-day moving average of $39.48. The company has a market capitalization of $106.71 million, a price-to-earnings ratio of 28.26 and a beta of 0.75. Simplify US Equity PLUS Downside Convexity ETF has a 52 week low of $35.72 and a 52 week high of $42.29.

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.