GE Investment Management CORP. Invests $92.82 Million in Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS)

GE Investment Management CORP. purchased a new position in shares of Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLSFree Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 4,171,885 shares of the company’s stock, valued at approximately $92,824,000. Simplify Market Neutral Equity Long/Short ETF comprises about 26.6% of GE Investment Management CORP.’s investment portfolio, making the stock its 2nd largest position. GE Investment Management CORP. owned approximately 18.96% of Simplify Market Neutral Equity Long/Short ETF at the end of the most recent reporting period.

Separately, Park Edge Advisors LLC bought a new position in shares of Simplify Market Neutral Equity Long/Short ETF in the fourth quarter worth about $1,246,000.

Simplify Market Neutral Equity Long/Short ETF Price Performance

Shares of EQLS traded up $0.14 during mid-day trading on Thursday, hitting $23.07. 9,192 shares of the company traded hands, compared to its average volume of 26,568. The business has a 50-day moving average of $23.07 and a 200 day moving average of $23.46. Simplify Market Neutral Equity Long/Short ETF has a one year low of $22.12 and a one year high of $26.17.

About Simplify Market Neutral Equity Long/Short ETF

(Free Report)

The Simplify Market Neutral Equity Long/Short ETF (EQLS) is an exchange-traded fund that mostly invests in long/short alternatives. The fund seeks to achieve absolute returns and income by investing in a long/short equity portfolio based on a proprietary machine-learning stock selection model. The fund invests in US and foreign companies of any capitalization and seeks to deliver market-neutral exposure.

See Also

Want to see what other hedge funds are holding EQLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLSFree Report).

Institutional Ownership by Quarter for Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS)

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