Twelve Points Wealth Management LLC Purchases 22,293 Shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Twelve Points Wealth Management LLC grew its position in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) by 243.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 31,439 shares of the company’s stock after acquiring an additional 22,293 shares during the quarter. Twelve Points Wealth Management LLC owned about 0.69% of Simplify Multi-QIS Alternative ETF worth $770,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Financial Enhancement Group LLC purchased a new stake in Simplify Multi-QIS Alternative ETF during the fourth quarter valued at $1,326,000. Matrix Trust Co raised its position in shares of Simplify Multi-QIS Alternative ETF by 627.5% during the 4th quarter. Matrix Trust Co now owns 32,447 shares of the company’s stock valued at $795,000 after buying an additional 27,987 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Simplify Multi-QIS Alternative ETF in the 3rd quarter valued at about $673,000. Jane Street Group LLC grew its position in Simplify Multi-QIS Alternative ETF by 219.3% in the third quarter. Jane Street Group LLC now owns 49,677 shares of the company’s stock worth $1,222,000 after acquiring an additional 34,117 shares in the last quarter. Finally, Napa Wealth Management purchased a new position in Simplify Multi-QIS Alternative ETF in the third quarter worth about $423,000.

Simplify Multi-QIS Alternative ETF Stock Performance

Shares of QIS stock opened at $24.47 on Wednesday. Simplify Multi-QIS Alternative ETF has a 1 year low of $22.70 and a 1 year high of $26.55. The stock’s 50 day simple moving average is $24.58 and its two-hundred day simple moving average is $24.63.

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.