Rockefeller Capital Management L.P. Takes Position in Simplify Hedged Equity ETF $HEQT

Rockefeller Capital Management L.P. purchased a new position in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 59,033 shares of the company’s stock, valued at approximately $1,892,000. Rockefeller Capital Management L.P. owned about 0.56% of Simplify Hedged Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its stake in Simplify Hedged Equity ETF by 466.8% during the fourth 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 in the last quarter. CWM LLC grew its position in shares of Simplify Hedged Equity ETF by 3.3% in the 4th quarter. CWM LLC now owns 605,285 shares of the company’s stock worth $19,399,000 after acquiring an additional 19,064 shares in the last quarter. Keudell Morrison Wealth Management bought a new stake in shares of Simplify Hedged Equity ETF in the 4th quarter valued at approximately $16,574,000. LPL Financial LLC increased its holdings in shares of Simplify Hedged Equity ETF by 13.2% in the 4th quarter. LPL Financial LLC now owns 459,311 shares of the company’s stock valued at $14,721,000 after acquiring an additional 53,482 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of Simplify Hedged Equity ETF by 39.1% in the 2nd quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock valued at $10,036,000 after acquiring an additional 93,959 shares during the last quarter.

Simplify Hedged Equity ETF Trading Up 0.5%

HEQT stock opened at $33.54 on Wednesday. The stock’s 50 day simple moving average is $33.21 and its 200 day simple moving average is $32.50. Simplify Hedged Equity ETF has a 12-month low of $29.84 and a 12-month high of $33.64. The firm has a market cap of $327.01 million, a P/E ratio of 25.09 and a beta of 0.47.

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.