Great Lakes Retirement Inc. Decreases Holdings in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Great Lakes Retirement Inc. reduced its position in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,059 shares of the company’s stock after selling 620 shares during the period. Great Lakes Retirement Inc.’s holdings in Simplify US Equity PLUS Downside Convexity ETF were worth $336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its position in Simplify US Equity PLUS Downside Convexity ETF by 80.5% in the 3rd quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock worth $16,028,000 after purchasing an additional 213,705 shares during the period. Ridgepath Capital Management LLC purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter worth about $9,505,000. Almanack Investment Partners LLC. raised its position in Simplify US Equity PLUS Downside Convexity ETF by 4.8% in the 4th quarter. Almanack Investment Partners LLC. now owns 142,651 shares of the company’s stock worth $4,761,000 after purchasing an additional 6,533 shares during the period. Ironsides Asset Advisors LLC raised its position in Simplify US Equity PLUS Downside Convexity ETF by 41.1% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 61,083 shares of the company’s stock worth $2,044,000 after purchasing an additional 17,800 shares during the period. Finally, Atomi Financial Group Inc. purchased a new stake in Simplify US Equity PLUS Downside Convexity ETF in the 4th quarter worth about $1,513,000.

Simplify US Equity PLUS Downside Convexity ETF Price Performance

Simplify US Equity PLUS Downside Convexity ETF stock opened at $34.27 on Thursday. Simplify US Equity PLUS Downside Convexity ETF has a 1-year low of $29.63 and a 1-year high of $35.30. The firm has a market capitalization of $110.69 million, a P/E ratio of 25.10 and a beta of 0.90. The company’s 50-day moving average is $34.27 and its 200 day moving average is $33.58.

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.