Atria Wealth Solutions Inc. Sells 1,753 Shares of Simplify Hedged Equity ETF $HEQT

Atria Wealth Solutions Inc. cut its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,010 shares of the company’s stock after selling 1,753 shares during the quarter. Atria Wealth Solutions Inc. owned approximately 0.07% of Simplify Hedged Equity ETF worth $241,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Alpine Bank Wealth Management bought a new position in shares of Simplify Hedged Equity ETF in the first quarter valued at $52,940,000. LPL Financial LLC lifted its stake in shares of Simplify Hedged Equity ETF by 10.9% in the first quarter. LPL Financial LLC now owns 1,205,268 shares of the company’s stock valued at $34,441,000 after buying an additional 118,651 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Simplify Hedged Equity ETF by 17.7% in the first quarter. Private Advisor Group LLC now owns 819,883 shares of the company’s stock valued at $23,428,000 after buying an additional 123,200 shares in the last quarter. CWM LLC lifted its stake in shares of Simplify Hedged Equity ETF by 6.7% in the second quarter. CWM LLC now owns 576,177 shares of the company’s stock valued at $17,314,000 after buying an additional 35,965 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in shares of Simplify Hedged Equity ETF by 3.5% in the first quarter. HighTower Advisors LLC now owns 312,159 shares of the company’s stock valued at $8,920,000 after buying an additional 10,691 shares in the last quarter.

Simplify Hedged Equity ETF Price Performance

Shares of HEQT stock opened at $31.48 on Thursday. The firm has a 50-day moving average of $31.05 and a 200-day moving average of $30.01. The company has a market cap of $301.26 million, a P/E ratio of 25.09 and a beta of 0.42. Simplify Hedged Equity ETF has a one year low of $27.05 and a one year high of $31.56.

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.