Stephens Inc. AR Grows Holdings in Simplify Hedged Equity ETF $HEQT

Stephens Inc. AR increased its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 193.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 269,709 shares of the company’s stock after buying an additional 177,825 shares during the period. Stephens Inc. AR owned about 2.41% of Simplify Hedged Equity ETF worth $8,105,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Bay Rivers Group increased its stake in Simplify Hedged Equity ETF by 2.8% during the 2nd quarter. Bay Rivers Group now owns 14,469 shares of the company’s stock worth $435,000 after buying an additional 399 shares during the period. Morton Brown Family Wealth LLC purchased a new stake in Simplify Hedged Equity ETF during the 1st quarter worth approximately $37,000. Larson Financial Group LLC purchased a new stake in Simplify Hedged Equity ETF during the 1st quarter worth approximately $58,000. Cetera Investment Advisers increased its stake in Simplify Hedged Equity ETF by 11.0% during the 1st quarter. Cetera Investment Advisers now owns 25,505 shares of the company’s stock worth $729,000 after buying an additional 2,523 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in Simplify Hedged Equity ETF during the 1st quarter worth approximately $147,000.

Simplify Hedged Equity ETF Stock Up 0.6%

Shares of HEQT opened at $31.49 on Tuesday. Simplify Hedged Equity ETF has a fifty-two week low of $27.05 and a fifty-two week high of $31.54. The firm’s 50 day moving average price is $31.01 and its 200 day moving average price is $29.99. The company has a market cap of $301.36 million, a P/E ratio of 25.09 and a beta of 0.42.

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.