Integrated Wealth Concepts LLC Acquires 20,567 Shares of Simplify US Equity PLUS Convexity ETF $SPYC

Integrated Wealth Concepts LLC raised its holdings in shares of Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 8.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 250,408 shares of the company’s stock after purchasing an additional 20,567 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.12% of Simplify US Equity PLUS Convexity ETF worth $10,732,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Simplify US Equity PLUS Convexity ETF during the second quarter valued at $48,000. Osaic Holdings Inc. bought a new stake in Simplify US Equity PLUS Convexity ETF in the 2nd quarter worth about $67,000. Modern Wealth Management LLC bought a new stake in Simplify US Equity PLUS Convexity ETF in the 2nd quarter worth about $230,000. LifeWealth Investments LLC raised its position in Simplify US Equity PLUS Convexity ETF by 7.4% in the 3rd quarter. LifeWealth Investments LLC now owns 6,170 shares of the company’s stock worth $264,000 after buying an additional 426 shares during the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in Simplify US Equity PLUS Convexity ETF in the 2nd quarter worth about $280,000.

Simplify US Equity PLUS Convexity ETF Stock Performance

SPYC opened at $40.67 on Tuesday. The company’s 50-day simple moving average is $42.42 and its two-hundred day simple moving average is $42.69. The stock has a market capitalization of $92.73 million, a P/E ratio of 26.87 and a beta of 0.98. Simplify US Equity PLUS Convexity ETF has a 52-week low of $30.67 and a 52-week high of $45.21.

Simplify US Equity PLUS Convexity ETF Profile

The Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk. SPYC was launched on Sep 3, 2020 and is managed by Simplify.