Ridgepath Capital Management LLC Purchases Shares of 284,816 Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD)

Ridgepath Capital Management LLC acquired a new position in Simplify US Equity PLUS Downside Convexity ETF (NYSEARCA:SPD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 284,816 shares of the company’s stock, valued at approximately $9,505,000. Simplify US Equity PLUS Downside Convexity ETF comprises 4.4% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Ridgepath Capital Management LLC owned about 0.09% of Simplify US Equity PLUS Downside Convexity ETF as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SPD. Elevated Capital Advisors LLC boosted its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 84.7% during the 3rd quarter. Elevated Capital Advisors LLC now owns 13,989 shares of the company’s stock worth $468,000 after acquiring an additional 6,414 shares in the last quarter. HighTower Advisors LLC grew its holdings in Simplify US Equity PLUS Downside Convexity ETF by 80.5% in the third quarter. HighTower Advisors LLC now owns 479,052 shares of the company’s stock valued at $16,028,000 after purchasing an additional 213,705 shares during the period. Ironsides Asset Advisors LLC increased its position in shares of Simplify US Equity PLUS Downside Convexity ETF by 41.1% in the third quarter. Ironsides Asset Advisors LLC now owns 61,083 shares of the company’s stock valued at $2,044,000 after buying an additional 17,800 shares in the last quarter. Financial Enhancement Group LLC raised its stake in shares of Simplify US Equity PLUS Downside Convexity ETF by 36.2% during the 3rd quarter. Financial Enhancement Group LLC now owns 26,368 shares of the company’s stock worth $883,000 after buying an additional 7,002 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Simplify US Equity PLUS Downside Convexity ETF during the 4th quarter valued at approximately $857,000.

Simplify US Equity PLUS Downside Convexity ETF Stock Up 0.7 %

SPD opened at $34.68 on Friday. The company has a market cap of $112.02 million, a PE ratio of 25.10 and a beta of 0.90. Simplify US Equity PLUS Downside Convexity ETF has a twelve month low of $29.18 and a twelve month high of $35.30. The company has a 50-day moving average price of $34.32 and a 200 day moving average price of $33.48.

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.