Atria Wealth Solutions Inc. Raises Holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Atria Wealth Solutions Inc. increased its position in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 55.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 16,348 shares of the company’s stock after purchasing an additional 5,846 shares during the period. Atria Wealth Solutions Inc. owned 0.38% of Simplify Hedged Equity ETF worth $413,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC grew its position in Simplify Hedged Equity ETF by 0.7% in the 4th quarter. Stratos Wealth Advisors LLC now owns 136,562 shares of the company’s stock valued at $3,450,000 after buying an additional 997 shares during the last quarter. WealthPlan Investment Management LLC lifted its position in Simplify Hedged Equity ETF by 1.1% in the fourth quarter. WealthPlan Investment Management LLC now owns 355,135 shares of the company’s stock valued at $8,971,000 after purchasing an additional 3,842 shares during the period. Financial Enhancement Group LLC boosted its holdings in Simplify Hedged Equity ETF by 14.7% in the 4th quarter. Financial Enhancement Group LLC now owns 37,446 shares of the company’s stock valued at $947,000 after purchasing an additional 4,812 shares in the last quarter. CWM LLC increased its position in Simplify Hedged Equity ETF by 21.4% during the 4th quarter. CWM LLC now owns 35,733 shares of the company’s stock worth $903,000 after purchasing an additional 6,295 shares during the period. Finally, Peterson Wealth Advisors LLC purchased a new position in shares of Simplify Hedged Equity ETF during the 4th quarter worth approximately $828,000.

Simplify Hedged Equity ETF Price Performance

HEQT opened at $26.59 on Tuesday. The business has a 50 day simple moving average of $26.26 and a 200-day simple moving average of $25.64. Simplify Hedged Equity ETF has a 12 month low of $23.70 and a 12 month high of $27.13. The stock has a market capitalization of $152.33 million, a P/E ratio of 22.38 and a beta of 0.50.

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.