Steward Partners Investment Advisory LLC Buys 10,301 Shares of Simplify Hedged Equity ETF $HEQT

Steward Partners Investment Advisory LLC lifted its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,657 shares of the company’s stock after acquiring an additional 10,301 shares during the period. Steward Partners Investment Advisory LLC owned approximately 1.94% of Simplify Hedged Equity ETF worth $5,879,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WealthPlan Investment Management LLC boosted its stake in Simplify Hedged Equity ETF by 42.3% in the 2nd quarter. WealthPlan Investment Management LLC now owns 658,530 shares of the company’s stock worth $19,789,000 after purchasing an additional 195,820 shares during the period. Stephens Inc. AR lifted its holdings in shares of Simplify Hedged Equity ETF by 193.5% in the second quarter. Stephens Inc. AR now owns 269,709 shares of the company’s stock valued at $8,105,000 after purchasing an additional 177,825 shares in the last quarter. Leo Wealth LLC bought a new stake in shares of Simplify Hedged Equity ETF in the second quarter valued at about $4,566,000. Belpointe Asset Management LLC acquired a new position in shares of Simplify Hedged Equity ETF during the second quarter worth about $4,201,000. Finally, LPL Financial LLC grew its holdings in shares of Simplify Hedged Equity ETF by 10.9% during the first quarter. LPL Financial LLC now owns 1,205,268 shares of the company’s stock worth $34,441,000 after buying an additional 118,651 shares in the last quarter.

Simplify Hedged Equity ETF Stock Performance

Shares of Simplify Hedged Equity ETF stock opened at $31.82 on Thursday. The firm has a market cap of $304.52 million, a PE ratio of 25.09 and a beta of 0.48. The business’s 50 day simple moving average is $31.43 and its 200 day simple moving average is $30.62. Simplify Hedged Equity ETF has a 52-week low of $27.05 and a 52-week high of $31.97.

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.