Stratos Wealth Advisors LLC Has $4.93 Million Stock Holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Stratos Wealth Advisors LLC increased its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 167,167 shares of the company’s stock after acquiring an additional 9,849 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Simplify Hedged Equity ETF were worth $4,928,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HEQT. JPMorgan Chase & Co. lifted its stake in shares of Simplify Hedged Equity ETF by 319.4% in the 3rd 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. WealthPlan Investment Management LLC increased its holdings in Simplify Hedged Equity ETF by 1.1% in the third quarter. WealthPlan Investment Management LLC now owns 363,611 shares of the company’s stock worth $10,501,000 after purchasing an additional 4,049 shares in the last quarter. Bay Rivers Group acquired a new position in Simplify Hedged Equity ETF in the fourth quarter valued at approximately $383,000. Keudell Morrison Wealth Management boosted its holdings in shares of Simplify Hedged Equity ETF by 2.7% during the 3rd quarter. Keudell Morrison Wealth Management now owns 519,326 shares of the company’s stock worth $14,998,000 after buying an additional 13,580 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Simplify Hedged Equity ETF by 21.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 80,845 shares of the company’s stock worth $2,335,000 after buying an additional 14,128 shares during the period.

Simplify Hedged Equity ETF Stock Up 0.4 %

Simplify Hedged Equity ETF stock opened at $30.06 on Wednesday. The company has a market capitalization of $177.35 million, a PE ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 12-month low of $25.46 and a 12-month high of $30.33. The firm’s fifty day moving average is $29.90 and its 200 day moving average is $29.05.

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.