Simplify Hedged Equity ETF $HEQT Shares Sold by ATX Financial Planning LLC

ATX Financial Planning LLC lowered its position in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 76.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,690 shares of the company’s stock after selling 34,133 shares during the quarter. ATX Financial Planning LLC owned about 0.11% of Simplify Hedged Equity ETF worth $337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its position in shares of Simplify Hedged Equity ETF by 466.8% during the 4th quarter. Private Advisor Group LLC now owns 1,120,557 shares of the company’s stock valued at $35,914,000 after buying an additional 922,843 shares during the period. CWM LLC raised its holdings in Simplify Hedged Equity ETF by 3.3% in the 4th quarter. CWM LLC now owns 605,285 shares of the company’s stock valued at $19,399,000 after buying an additional 19,064 shares during the period. Keudell Morrison Wealth Management purchased a new stake in Simplify Hedged Equity ETF in the 4th quarter valued at about $16,574,000. LPL Financial LLC lifted its position in Simplify Hedged Equity ETF by 13.2% in the fourth quarter. LPL Financial LLC now owns 459,311 shares of the company’s stock valued at $14,721,000 after buying an additional 53,482 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Simplify Hedged Equity ETF by 39.1% in the second quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock valued at $10,036,000 after buying an additional 93,959 shares during the last quarter.

Simplify Hedged Equity ETF Price Performance

Shares of HEQT stock opened at $33.66 on Friday. The firm has a market cap of $299.57 million, a PE ratio of 25.09 and a beta of 0.47. The company has a 50-day moving average of $33.33 and a two-hundred day moving average of $32.57. Simplify Hedged Equity ETF has a 1-year low of $30.13 and a 1-year high of $33.72.

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. HEQT was launched on Nov 1, 2021 and is managed by Simplify.