Simplify Hedged Equity ETF $HEQT Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC reduced its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 96.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,643 shares of the company’s stock after selling 279,335 shares during the period. Stratos Investment Management LLC owned approximately 0.12% of Simplify Hedged Equity ETF worth $364,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HEQT. CGC Financial Services LLC purchased a new stake in shares of Simplify Hedged Equity ETF in the 3rd quarter valued at approximately $97,000. CreativeOne Wealth LLC purchased a new stake in shares of Simplify Hedged Equity ETF in the 2nd quarter valued at $242,000. DAVENPORT & Co LLC purchased a new position in Simplify Hedged Equity ETF during the 3rd quarter valued at about $251,000. Golden State Wealth Management LLC grew its position in Simplify Hedged Equity ETF by 80.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 9,332 shares of the company’s stock valued at $280,000 after acquiring an additional 4,174 shares in the last quarter. Finally, Brookwood Investment Group LLC purchased a new stake in Simplify Hedged Equity ETF during the third quarter worth about $305,000.

Simplify Hedged Equity ETF Stock Performance

NYSEARCA HEQT opened at $32.21 on Friday. The firm has a market cap of $341.43 million, a price-to-earnings ratio of 25.09 and a beta of 0.48. The firm has a 50 day simple moving average of $32.23 and a 200-day simple moving average of $31.54. Simplify Hedged Equity ETF has a one year low of $27.05 and a one year high of $32.78.

About Simplify Hedged Equity ETF

The Simplify Hedged Equity ETF (HEQT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks capital appreciation by investing in ETFs that track the S&P 500 Index, while employing an options collar strategy. Each collar consists of an approximately 5% to 20% out-of-the-money put-spread. HEQT was launched on Nov 1, 2021 and is managed by Simplify.