Simplify Hedged Equity ETF (NYSEARCA:HEQT) is WealthPlan Investment Management LLC’s 8th Largest Position

WealthPlan Investment Management LLC increased its position in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 65.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 599,917 shares of the company’s stock after buying an additional 236,306 shares during the period. Simplify Hedged Equity ETF comprises approximately 1.7% of WealthPlan Investment Management LLC’s holdings, making the stock its 8th largest position. WealthPlan Investment Management LLC owned 10.17% of Simplify Hedged Equity ETF worth $17,686,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Stratos Wealth Advisors LLC lifted its position in shares of Simplify Hedged Equity ETF by 5.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 157,318 shares of the company’s stock worth $4,543,000 after purchasing an additional 7,829 shares during the period. Private Advisor Group LLC boosted its stake in shares of Simplify Hedged Equity ETF by 267.3% during the 3rd quarter. Private Advisor Group LLC now owns 884,372 shares of the company’s stock worth $25,541,000 after acquiring an additional 643,625 shares in the last quarter. Financial Enhancement Group LLC raised its position in Simplify Hedged Equity ETF by 1,232.1% during the third quarter. Financial Enhancement Group LLC now owns 435,918 shares of the company’s stock worth $12,589,000 after acquiring an additional 403,195 shares during the period. Keudell Morrison Wealth Management increased its position in shares of Simplify Hedged Equity ETF by 2.7% during the third quarter. Keudell Morrison Wealth Management now owns 519,326 shares of the company’s stock worth $14,998,000 after purchasing an additional 13,580 shares in the last quarter. Finally, Lionsbridge Wealth Management LLC lifted its stake in Simplify Hedged Equity ETF by 29.8% in the 3rd quarter. Lionsbridge Wealth Management LLC now owns 124,830 shares of the company’s stock worth $3,605,000 after purchasing an additional 28,692 shares in the last quarter.

Simplify Hedged Equity ETF Price Performance

Shares of NYSEARCA HEQT opened at $30.40 on Friday. The company has a 50 day simple moving average of $29.92 and a 200-day simple moving average of $29.17. The company has a market capitalization of $179.36 million, a P/E ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 1 year low of $25.76 and a 1 year high of $30.46.

Simplify Hedged Equity ETF Company 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.