WealthPlan Investment Management LLC Increases Stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

WealthPlan Investment Management LLC boosted its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 1.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 363,611 shares of the company’s stock after buying an additional 4,049 shares during the period. WealthPlan Investment Management LLC owned 0.06% of Simplify Hedged Equity ETF worth $10,501,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Lionsbridge Wealth Management LLC raised its position in shares of Simplify Hedged Equity ETF by 3.2% in the 2nd quarter. Lionsbridge Wealth Management LLC now owns 96,138 shares of the company’s stock worth $2,660,000 after acquiring an additional 2,981 shares in the last quarter. Northwest Capital Management Inc raised its holdings in Simplify Hedged Equity ETF by 188.7% in the second quarter. Northwest Capital Management Inc now owns 5,318 shares of the company’s stock worth $147,000 after purchasing an additional 3,476 shares in the last quarter. WealthPLAN Partners LLC boosted its holdings in shares of Simplify Hedged Equity ETF by 0.7% during the 2nd quarter. WealthPLAN Partners LLC now owns 545,585 shares of the company’s stock valued at $15,096,000 after buying an additional 3,652 shares in the last quarter. Financial Enhancement Group LLC lifted its position in Simplify Hedged Equity ETF by 14.1% during the 2nd 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. Finally, Ameritas Advisory Services LLC increased its position in Simplify Hedged Equity ETF by 1.0% during the 2nd quarter. Ameritas Advisory Services LLC now owns 424,418 shares of the company’s stock valued at $11,744,000 after buying an additional 4,345 shares in the last quarter.

Simplify Hedged Equity ETF Stock Performance

Shares of Simplify Hedged Equity ETF stock opened at $29.71 on Tuesday. The company has a 50-day simple moving average of $28.82 and a two-hundred day simple moving average of $27.94. The stock has a market capitalization of $175.26 million, a PE ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 52-week low of $24.64 and a 52-week 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.