Reyes Financial Architecture Inc. Has $89,000 Holdings in Simplify Hedged Equity ETF $HEQT

Reyes Financial Architecture Inc. trimmed its position in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 88.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,845 shares of the company’s stock after selling 22,076 shares during the quarter. Reyes Financial Architecture Inc.’s holdings in Simplify Hedged Equity ETF were worth $89,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new stake in Simplify Hedged Equity ETF during the 3rd quarter worth approximately $1,802,000. Sowell Financial Services LLC acquired a new position in Simplify Hedged Equity ETF in the third quarter worth $2,753,000. Smith Moore & CO. boosted its stake in Simplify Hedged Equity ETF by 7.6% in the second quarter. Smith Moore & CO. now owns 163,948 shares of the company’s stock worth $4,927,000 after purchasing an additional 11,619 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Simplify Hedged Equity ETF by 22.2% during the second quarter. Envestnet Asset Management Inc. now owns 354,510 shares of the company’s stock worth $10,653,000 after purchasing an additional 64,425 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its stake in shares of Simplify Hedged Equity ETF by 80.9% in the second quarter. Golden State Wealth Management LLC now owns 9,332 shares of the company’s stock valued at $280,000 after buying an additional 4,174 shares in the last quarter.

Simplify Hedged Equity ETF Stock Up 0.6%

Simplify Hedged Equity ETF stock opened at $32.47 on Thursday. The stock has a 50-day simple moving average of $32.35 and a 200 day simple moving average of $31.74. Simplify Hedged Equity ETF has a 12-month low of $27.05 and a 12-month high of $32.78. The stock has a market capitalization of $344.18 million, a price-to-earnings 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.