WealthPLAN Partners LLC Increases Stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

WealthPLAN Partners LLC raised its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 564,333 shares of the company’s stock after purchasing an additional 18,748 shares during the quarter. Simplify Hedged Equity ETF accounts for about 2.2% of WealthPLAN Partners LLC’s portfolio, making the stock its 7th largest position. WealthPLAN Partners LLC owned about 0.10% of Simplify Hedged Equity ETF worth $16,298,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lionsbridge Wealth Management LLC increased its position in shares of Simplify Hedged Equity ETF by 3.2% during the 2nd quarter. Lionsbridge Wealth Management LLC now owns 96,138 shares of the company’s stock valued at $2,660,000 after purchasing an additional 2,981 shares during the last quarter. Northwest Capital Management Inc increased its position in Simplify Hedged Equity ETF by 188.7% during the second quarter. Northwest Capital Management Inc now owns 5,318 shares of the company’s stock valued at $147,000 after acquiring an additional 3,476 shares during the last quarter. Financial Enhancement Group LLC raised its stake in shares of Simplify Hedged Equity ETF by 14.1% in the second quarter. Financial Enhancement Group LLC now owns 32,723 shares of the company’s stock valued at $904,000 after acquiring an additional 4,040 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of Simplify Hedged Equity ETF by 1.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 424,418 shares of the company’s stock worth $11,744,000 after acquiring an additional 4,345 shares during the last quarter. Finally, Harmony Asset Management LLC raised its position in Simplify Hedged Equity ETF by 15.3% in the 2nd quarter. Harmony Asset Management LLC now owns 58,322 shares of the company’s stock worth $1,614,000 after purchasing an additional 7,751 shares during the period.

Simplify Hedged Equity ETF Price Performance

Shares of NYSEARCA HEQT opened at $29.71 on Tuesday. The company has a market cap of $175.26 million, a P/E ratio of 23.07 and a beta of 0.51. The firm has a 50-day simple moving average of $28.82 and a two-hundred day simple moving average of $27.94. Simplify Hedged Equity ETF has a 1 year low of $24.64 and a 1 year high of $30.01.

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.