WealthPlan Investment Management LLC lessened its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report) by 17.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 249,031 shares of the company’s stock after selling 51,175 shares during the period. WealthPlan Investment Management LLC’s holdings in Simplify Hedged Equity ETF were worth $8,547,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of HEQT. Citadel Advisors LLC bought a new stake in shares of Simplify Hedged Equity ETF during the 2nd quarter valued at $516,000. TSG Advice Partners LLC bought a new position in Simplify Hedged Equity ETF in the 1st quarter worth $5,848,000. Baer Investment Advisory LLC bought a new position in Simplify Hedged Equity ETF in the 1st quarter worth $3,388,000. First Heartland Consultants Inc. bought a new position in Simplify Hedged Equity ETF in the 3rd quarter worth $677,000. Finally, ARQ Wealth Advisors LLC increased its stake in Simplify Hedged Equity ETF by 10.8% in the 1st quarter. ARQ Wealth Advisors LLC now owns 302,463 shares of the company’s stock worth $9,528,000 after buying an additional 29,412 shares in the last quarter.
Simplify Hedged Equity ETF Stock Up 0.1%
NYSEARCA:HEQT traded up $0.04 on Thursday, reaching $34.58. 23,351 shares of the company’s stock traded hands, compared to its average volume of 72,466. The stock has a 50-day simple moving average of $34.45 and a 200-day simple moving average of $33.57. The firm has a market cap of $322.24 million, a PE ratio of 25.09 and a beta of 0.47. Simplify Hedged Equity ETF has a 12 month low of $30.72 and a 12 month high of $34.84.
Simplify Hedged Equity ETF 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.
Featured Articles
- Five stocks we like better than Simplify Hedged Equity ETF
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
- Domino’s Pizza: As Cheap As It Gets, Nowhere to Go But Up
Want to see what other hedge funds are holding HEQT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report).
Receive News & Ratings for Simplify Hedged Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Hedged Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
