WealthPlan Investment Management LLC reduced its holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report) by 14.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 558,393 shares of the company’s stock after selling 95,534 shares during the quarter. Simplify Hedged Equity ETF comprises 1.1% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 17th largest position. WealthPlan Investment Management LLC owned approximately 5.27% of Simplify Hedged Equity ETF worth $17,896,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. CWM LLC grew its position in shares of Simplify Hedged Equity ETF by 3.3% in the 4th quarter. CWM LLC now owns 605,285 shares of the company’s stock worth $19,399,000 after buying an additional 19,064 shares during the last quarter. MML Investors Services LLC grew its position in shares of Simplify Hedged Equity ETF by 39.1% in the 2nd quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock worth $10,036,000 after buying an additional 93,959 shares during the last quarter. Leo Wealth LLC bought a new stake in shares of Simplify Hedged Equity ETF in the 4th quarter worth approximately $10,625,000. ARQ Wealth Advisors LLC grew its position in shares of Simplify Hedged Equity ETF by 5.6% in the 3rd quarter. ARQ Wealth Advisors LLC now owns 254,393 shares of the company’s stock worth $7,946,000 after buying an additional 13,443 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its position in shares of Simplify Hedged Equity ETF by 79.5% in the 3rd quarter. Ameritas Advisory Services LLC now owns 246,833 shares of the company’s stock worth $7,710,000 after buying an additional 109,291 shares during the last quarter.
Simplify Hedged Equity ETF Stock Performance
Shares of HEQT stock opened at $33.13 on Friday. The firm has a market cap of $323.02 million, a P/E ratio of 25.09 and a beta of 0.48. Simplify Hedged Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $33.46. The business’s 50 day moving average price is $32.19 and its 200-day moving average price is $32.12.
Simplify Hedged Equity ETF Company Profile
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.
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