Napa Wealth Management Purchases New Shares in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Napa Wealth Management acquired a new position in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 17,194 shares of the company’s stock, valued at approximately $423,000. Napa Wealth Management owned approximately 0.38% of Simplify Multi-QIS Alternative ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Richard P Slaughter Associates Inc increased its holdings in shares of Simplify Multi-QIS Alternative ETF by 6.3% during the second quarter. Richard P Slaughter Associates Inc now owns 29,527 shares of the company’s stock worth $747,000 after purchasing an additional 1,758 shares during the period. Hobbs Group Advisors LLC bought a new position in Simplify Multi-QIS Alternative ETF during the 2nd quarter worth $195,000. Financial Enhancement Group LLC bought a new position in Simplify Multi-QIS Alternative ETF during the 2nd quarter worth $589,000. Matrix Trust Co acquired a new position in Simplify Multi-QIS Alternative ETF in the 3rd quarter valued at $110,000. Finally, Twelve Points Wealth Management LLC bought a new stake in shares of Simplify Multi-QIS Alternative ETF during the 3rd quarter valued at $225,000.

Simplify Multi-QIS Alternative ETF Price Performance

QIS opened at $24.74 on Monday. Simplify Multi-QIS Alternative ETF has a 52-week low of $22.70 and a 52-week high of $26.55. The business’s fifty day moving average is $24.43 and its 200-day moving average is $24.93.

Simplify Multi-QIS Alternative ETF 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.