Simplify US Equity PLUS Upside Convexity ETF (SPUC) to Issue Quarterly Dividend of $3.31 on December 31st

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) declared a quarterly dividend on Monday, January 20th. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 3.31 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 26.6%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a 3,210.0% increase from Simplify US Equity PLUS Upside Convexity ETF’s previous quarterly dividend of $0.10.

Simplify US Equity PLUS Upside Convexity ETF Stock Up 1.1%

Simplify US Equity PLUS Upside Convexity ETF stock opened at $49.79 on Friday. The business’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $47.75. The stock has a market cap of $103.56 million, a price-to-earnings ratio of 21.23 and a beta of 1.25. Simplify US Equity PLUS Upside Convexity ETF has a 12-month low of $32.30 and a 12-month high of $52.08.

Hedge Funds Weigh In On Simplify US Equity PLUS Upside Convexity ETF

Large investors have recently bought and sold shares of the business. Bank of America Corp DE bought a new position in Simplify US Equity PLUS Upside Convexity ETF in the third quarter valued at approximately $162,000. Commonwealth Equity Services LLC boosted its position in shares of Simplify US Equity PLUS Upside Convexity ETF by 7.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 213,093 shares of the company’s stock worth $10,697,000 after purchasing an additional 14,427 shares during the last quarter. AE Wealth Management LLC acquired a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth $4,666,000. Great Lakes Retirement Inc. bought a new stake in Simplify US Equity PLUS Upside Convexity ETF in the second quarter valued at about $299,000. Finally, LifeWealth Investments LLC acquired a new position in Simplify US Equity PLUS Upside Convexity ETF in the second quarter valued at about $229,000.

About Simplify US Equity PLUS Upside Convexity ETF

The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.