Stephens Inc. AR lessened its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report) by 22.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,209 shares of the company’s stock after selling 59,835 shares during the quarter. Stephens Inc. AR’s holdings in Simplify Hedged Equity ETF were worth $6,673,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Western Wealth Management LLC increased its holdings in Simplify Hedged Equity ETF by 5.9% during the 3rd quarter. Western Wealth Management LLC now owns 12,826 shares of the company’s stock valued at $401,000 after acquiring an additional 719 shares in the last quarter. Hilltop Holdings Inc. increased its holdings in Simplify Hedged Equity ETF by 5.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 15,722 shares of the company’s stock valued at $491,000 after acquiring an additional 851 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Simplify Hedged Equity ETF by 26.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,339 shares of the company’s stock valued at $136,000 after acquiring an additional 921 shares in the last quarter. Cambridge Advisors Inc. increased its holdings in Simplify Hedged Equity ETF by 3.1% during the 4th quarter. Cambridge Advisors Inc. now owns 32,539 shares of the company’s stock valued at $1,043,000 after acquiring an additional 974 shares in the last quarter. Finally, Brookwood Investment Group LLC increased its holdings in Simplify Hedged Equity ETF by 12.6% during the 4th quarter. Brookwood Investment Group LLC now owns 10,989 shares of the company’s stock valued at $352,000 after acquiring an additional 1,234 shares in the last quarter.
Simplify Hedged Equity ETF Stock Performance
NYSEARCA:HEQT opened at $33.13 on Monday. The firm has a 50-day moving average price of $32.19 and a two-hundred day moving average price of $32.13. Simplify Hedged Equity ETF has a twelve month low of $28.95 and a twelve month high of $33.46. The company has a market capitalization of $323.02 million, a P/E ratio of 25.09 and a beta of 0.48.
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.
Further Reading
- Five stocks we like better than Simplify Hedged Equity ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
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.
