Park Edge Advisors LLC Grows Stake in Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS)

Park Edge Advisors LLC raised its stake in shares of Simplify Multi-QIS Alternative ETF (NYSEARCA:QIS) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,915 shares of the company’s stock after acquiring an additional 2,102 shares during the quarter. Park Edge Advisors LLC’s holdings in Simplify Multi-QIS Alternative ETF were worth $1,064,000 at the end of the most recent reporting period.

Separately, Avantax Advisory Services Inc. boosted its position in Simplify Multi-QIS Alternative ETF by 51.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 22,741 shares of the company’s stock valued at $562,000 after acquiring an additional 7,718 shares in the last quarter.

Simplify Multi-QIS Alternative ETF Stock Up 0.2 %

NYSEARCA QIS traded up $0.06 during midday trading on Thursday, hitting $25.34. 1,435 shares of the company traded hands, compared to its average volume of 8,456. Simplify Multi-QIS Alternative ETF has a 52 week low of $24.55 and a 52 week high of $26.55. The company’s 50-day simple moving average is $25.40 and its 200-day simple moving average is $25.19.

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.