Proficio Capital Partners LLC Buys New Stake in Simplify Multi-QIS Alternative ETF $QIS

Proficio Capital Partners LLC bought a new position in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 338,534 shares of the company’s stock, valued at approximately $3,393,000. Proficio Capital Partners LLC owned about 8.79% of Simplify Multi-QIS Alternative ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of QIS. Kestra Advisory Services LLC acquired a new stake in shares of Simplify Multi-QIS Alternative ETF in the fourth quarter valued at about $77,000. Advocacy Wealth Management LLC bought a new position in shares of Simplify Multi-QIS Alternative ETF in the second quarter worth about $75,000. Jane Street Group LLC acquired a new position in shares of Simplify Multi-QIS Alternative ETF during the 4th quarter worth about $225,000. Envestnet Asset Management Inc. lifted its position in shares of Simplify Multi-QIS Alternative ETF by 4.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 29,651 shares of the company’s stock worth $568,000 after purchasing an additional 1,382 shares during the last quarter. Finally, Nwam LLC bought a new stake in Simplify Multi-QIS Alternative ETF during the 2nd quarter valued at approximately $1,169,000.

Simplify Multi-QIS Alternative ETF Stock Performance

Shares of NYSEARCA:QIS opened at $10.94 on Tuesday. The business has a 50 day moving average price of $10.12 and a 200 day moving average price of $11.88. Simplify Multi-QIS Alternative ETF has a twelve month low of $9.14 and a twelve month high of $20.26.

Simplify Multi-QIS Alternative ETF Company Profile

The Simplify Multi-QIS Alternative ETF (QIS) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps. QIS was launched on Jul 10, 2023 and is issued by Simplify.