Ethos Financial Group LLC Acquires 150,079 Shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Ethos Financial Group LLC raised its holdings in shares of Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 240.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,366 shares of the company’s stock after purchasing an additional 150,079 shares during the quarter. Ethos Financial Group LLC owned 6.57% of Simplify US Equity PLUS Downside Convexity ETF worth $7,087,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPD. Ridgepath Capital Management LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter worth $9,505,000. HighTower Advisors LLC boosted its holdings in Simplify US Equity PLUS Downside Convexity ETF by 80.5% during the 3rd quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock worth $16,028,000 after acquiring an additional 213,705 shares during the last quarter. Atomi Financial Group Inc. purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter worth $1,513,000. B.O.S.S. Retirement Advisors LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter worth $857,000. Finally, Fiduciary Alliance LLC purchased a new position in Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter worth $751,000.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

SPD opened at $32.64 on Thursday. The company has a market capitalization of $133.82 million, a price-to-earnings ratio of 26.63 and a beta of 0.74. The firm’s fifty day moving average price is $33.97 and its two-hundred day moving average price is $33.77. Simplify US Equity PLUS Downside Convexity ETF has a 1 year low of $29.70 and a 1 year high of $35.30.

About Simplify US Equity PLUS Downside Convexity ETF

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.