Mather Group LLC. Makes New $1.06 Million Investment in Simplify Target 15 Distribution ETF $XV

Mather Group LLC. acquired a new position in shares of Simplify Target 15 Distribution ETF (NYSEARCA:XV) in the 3rd quarter, HoldingsChannel reports. The fund acquired 43,929 shares of the company’s stock, valued at approximately $1,059,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Simplify Target 15 Distribution ETF by 48.3% during the second quarter. Envestnet Asset Management Inc. now owns 263,327 shares of the company’s stock worth $6,525,000 after buying an additional 85,719 shares in the last quarter. Claris Financial LLC purchased a new position in Simplify Target 15 Distribution ETF in the fourth quarter valued at about $898,000. Legacy Wealth Managment LLC ID lifted its stake in Simplify Target 15 Distribution ETF by 3,112.1% in the second quarter. Legacy Wealth Managment LLC ID now owns 11,917 shares of the company’s stock valued at $295,000 after purchasing an additional 11,546 shares during the last quarter. WealthCare Asset Management LLC bought a new position in shares of Simplify Target 15 Distribution ETF during the 1st quarter worth $248,000. Finally, Brookstone Capital Management bought a new position in Simplify Target 15 Distribution ETF during the first quarter worth about $358,000.

Simplify Target 15 Distribution ETF Trading Down 0.8%

XV stock traded down $0.19 during midday trading on Friday, reaching $23.80. 24,086 shares of the company’s stock traded hands, compared to its average volume of 43,535. Simplify Target 15 Distribution ETF has a 52 week low of $23.40 and a 52 week high of $27.47. The company has a 50-day moving average price of $24.54 and a two-hundred day moving average price of $24.54.

About Simplify Target 15 Distribution ETF

The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.