Reyes Financial Architecture Inc. Sells 22,076 Shares of Simplify Hedged Equity ETF $HEQT

Reyes Financial Architecture Inc. lowered its position in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 88.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm 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 SEC filing.

Other large investors have also recently bought and sold shares of the company. US Bancorp DE acquired a new stake in Simplify Hedged Equity ETF in the third quarter worth $42,000. CGC Financial Services LLC bought a new stake in shares of Simplify Hedged Equity ETF in the 3rd quarter valued at $97,000. JPMorgan Chase & Co. raised its stake in Simplify Hedged Equity ETF by 26.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,339 shares of the company’s stock worth $136,000 after buying an additional 921 shares during the period. DAVENPORT & Co LLC acquired a new stake in Simplify Hedged Equity ETF during the 3rd quarter worth $251,000. Finally, CreativeOne Wealth LLC bought a new position in Simplify Hedged Equity ETF during the second quarter worth about $242,000.

Simplify Hedged Equity ETF Trading Up 0.6%

NYSEARCA:HEQT opened at $32.47 on Thursday. Simplify Hedged Equity ETF has a 1 year low of $27.05 and a 1 year high of $32.78. The stock has a 50-day moving average price of $32.35 and a two-hundred day moving average price of $31.74. The stock has a market cap of $344.18 million, a price-to-earnings ratio of 25.09 and a beta of 0.48.

About Simplify Hedged Equity ETF

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.