LifeWealth Investments LLC Makes New Investment in Simplify US Equity PLUS Upside Convexity ETF $SPUC

LifeWealth Investments LLC acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 5,122 shares of the company’s stock, valued at approximately $229,000.

Several other hedge funds have also recently bought and sold shares of SPUC. Encompass More Asset Management acquired a new position in Simplify US Equity PLUS Upside Convexity ETF during the first quarter worth $1,884,000. Lloyd Advisory Services LLC. acquired a new position in Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth $1,535,000. Finally, B.O.S.S. Retirement Advisors LLC acquired a new position in Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth $883,000.

Simplify US Equity PLUS Upside Convexity ETF Price Performance

Simplify US Equity PLUS Upside Convexity ETF stock opened at $49.98 on Friday. The stock has a fifty day moving average price of $49.00 and a two-hundred day moving average price of $44.31. The firm has a market capitalization of $103.96 million, a P/E ratio of 21.23 and a beta of 1.13. Simplify US Equity PLUS Upside Convexity ETF has a 52-week low of $32.30 and a 52-week high of $51.33.

Simplify US Equity PLUS Upside Convexity ETF Profile

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.