Proficio Capital Partners LLC Takes Position in Simplify Multi-QIS Alternative ETF $QIS

Proficio Capital Partners LLC bought a new stake in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 338,534 shares of the company’s stock, valued at approximately $3,393,000. Proficio Capital Partners LLC owned approximately 0.09% of Simplify Multi-QIS Alternative ETF as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Advocacy Wealth Management LLC bought a new position in Simplify Multi-QIS Alternative ETF during the second quarter valued at about $75,000. Kestra Advisory Services LLC acquired a new stake in shares of Simplify Multi-QIS Alternative ETF during the 4th quarter worth approximately $77,000. Jane Street Group LLC acquired a new stake in shares of Simplify Multi-QIS Alternative ETF during the 4th quarter worth approximately $225,000. Envestnet Asset Management Inc. increased its position in shares of Simplify Multi-QIS Alternative ETF by 4.9% during the third quarter. Envestnet Asset Management Inc. now owns 29,651 shares of the company’s stock valued at $568,000 after purchasing an additional 1,382 shares during the period. Finally, Nwam LLC acquired a new position in shares of Simplify Multi-QIS Alternative ETF in the second quarter valued at $1,169,000.

Simplify Multi-QIS Alternative ETF Stock Performance

Shares of NYSEARCA QIS opened at $10.94 on Tuesday. Simplify Multi-QIS Alternative ETF has a one year low of $9.14 and a one year high of $20.26. The business has a fifty day simple moving average of $10.12 and a 200 day simple moving average of $11.88.

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.