Financial Enhancement Group LLC Invests $1.33 Million in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Financial Enhancement Group LLC purchased a new stake in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QISFree Report) in the 4th quarter, Holdings Channel reports. The fund purchased 54,420 shares of the company’s stock, valued at approximately $1,326,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in Simplify Multi-QIS Alternative ETF by 219.3% during the 3rd quarter. Jane Street Group LLC now owns 49,677 shares of the company’s stock valued at $1,222,000 after purchasing an additional 34,117 shares during the last quarter. Matrix Trust Co lifted its holdings in shares of Simplify Multi-QIS Alternative ETF by 627.5% during the fourth quarter. Matrix Trust Co now owns 32,447 shares of the company’s stock valued at $795,000 after purchasing an additional 27,987 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Simplify Multi-QIS Alternative ETF during the third quarter valued at $673,000. Napa Wealth Management purchased a new stake in shares of Simplify Multi-QIS Alternative ETF during the third quarter valued at $423,000. Finally, Twelve Points Wealth Management LLC bought a new stake in Simplify Multi-QIS Alternative ETF in the 3rd quarter worth about $225,000.

Simplify Multi-QIS Alternative ETF Stock Performance

QIS opened at $24.44 on Thursday. The company’s 50-day simple moving average is $24.57 and its two-hundred day simple moving average is $24.70. Simplify Multi-QIS Alternative ETF has a 52-week low of $22.70 and a 52-week high of $26.55.

About Simplify Multi-QIS Alternative ETF

(Free Report)

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.

Read More

Want to see what other hedge funds are holding QIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Multi-QIS Alternative ETF (NYSEARCA:QISFree Report).

Institutional Ownership by Quarter for Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Receive News & Ratings for Simplify Multi-QIS Alternative ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Multi-QIS Alternative ETF and related companies with MarketBeat.com's FREE daily email newsletter.