Hobbs Group Advisors LLC cut its holdings in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS – Free Report) by 5.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,274 shares of the company’s stock after selling 441 shares during the quarter. Hobbs Group Advisors LLC owned 0.16% of Simplify Multi-QIS Alternative ETF worth $179,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of QIS. Matrix Trust Co acquired a new stake in shares of Simplify Multi-QIS Alternative ETF during the third quarter worth approximately $110,000. Twelve Points Wealth Management LLC acquired a new stake in shares of Simplify Multi-QIS Alternative ETF during the 3rd quarter valued at $225,000. Napa Wealth Management purchased a new position in shares of Simplify Multi-QIS Alternative ETF during the 3rd quarter valued at $423,000. Financial Enhancement Group LLC acquired a new position in shares of Simplify Multi-QIS Alternative ETF in the second quarter worth $589,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Simplify Multi-QIS Alternative ETF during the third quarter worth $673,000.
Simplify Multi-QIS Alternative ETF Stock Performance
Shares of NYSEARCA QIS opened at $24.87 on Wednesday. Simplify Multi-QIS Alternative ETF has a one year low of $22.70 and a one year high of $26.55. The business’s 50-day moving average price is $24.38 and its two-hundred day moving average price is $24.84.
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.
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