Lionsbridge Wealth Management LLC Boosts Position in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Lionsbridge Wealth Management LLC grew its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 40.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 175,711 shares of the company’s stock after acquiring an additional 50,881 shares during the period. Simplify Hedged Equity ETF comprises 4.3% of Lionsbridge Wealth Management LLC’s holdings, making the stock its 6th largest holding. Lionsbridge Wealth Management LLC owned about 2.98% of Simplify Hedged Equity ETF worth $5,180,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in Simplify Hedged Equity ETF by 319.4% in the third quarter. JPMorgan Chase & Co. now owns 3,238 shares of the company’s stock valued at $94,000 after purchasing an additional 2,466 shares during the period. Hilltop Holdings Inc. acquired a new stake in shares of Simplify Hedged Equity ETF in the third quarter valued at about $431,000. Harmony Asset Management LLC raised its position in shares of Simplify Hedged Equity ETF by 15.3% during the second quarter. Harmony Asset Management LLC now owns 58,322 shares of the company’s stock worth $1,614,000 after acquiring an additional 7,751 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Simplify Hedged Equity ETF by 21.2% during the third quarter. Dynamic Advisor Solutions LLC now owns 80,845 shares of the company’s stock worth $2,335,000 after acquiring an additional 14,128 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its stake in shares of Simplify Hedged Equity ETF by 5.2% in the third quarter. Stratos Wealth Advisors LLC now owns 157,318 shares of the company’s stock worth $4,543,000 after acquiring an additional 7,829 shares during the period.

Simplify Hedged Equity ETF Stock Performance

NYSEARCA:HEQT opened at $29.89 on Monday. Simplify Hedged Equity ETF has a fifty-two week low of $25.30 and a fifty-two week high of $30.26. The company has a 50 day simple moving average of $29.80 and a two-hundred day simple moving average of $28.87. The company has a market capitalization of $176.35 million, a PE ratio of 23.07 and a beta of 0.51.

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.