Integrated Wealth Concepts LLC Increases Holdings in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC)

Integrated Wealth Concepts LLC increased its stake in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 3.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 288,311 shares of the company’s stock after buying an additional 8,345 shares during the quarter. Integrated Wealth Concepts LLC owned 14.94% of Simplify US Equity PLUS Convexity ETF worth $10,889,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Enhancement Group LLC grew its stake in shares of Simplify US Equity PLUS Convexity ETF by 110.8% during the 3rd quarter. Financial Enhancement Group LLC now owns 565,061 shares of the company’s stock worth $21,342,000 after acquiring an additional 296,991 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Simplify US Equity PLUS Convexity ETF by 33.6% during the second quarter. Commonwealth Equity Services LLC now owns 223,278 shares of the company’s stock valued at $8,089,000 after purchasing an additional 56,101 shares during the last quarter. Finally, Austin Wealth Management LLC boosted its position in Simplify US Equity PLUS Convexity ETF by 7.7% during the third quarter. Austin Wealth Management LLC now owns 645,179 shares of the company’s stock worth $24,156,000 after purchasing an additional 46,296 shares during the period.

Simplify US Equity PLUS Convexity ETF Stock Down 0.2 %

SPYC stock opened at $40.07 on Wednesday. The stock has a 50-day simple moving average of $38.51 and a two-hundred day simple moving average of $37.05. Simplify US Equity PLUS Convexity ETF has a twelve month low of $29.37 and a twelve month high of $40.20. The firm has a market capitalization of $77.34 million, a PE ratio of 26.43 and a beta of 1.16.

About Simplify US Equity PLUS Convexity ETF

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.