Partners Wealth Management LLC Purchases New Shares in Simplify Hedged Equity ETF $HEQT

Partners Wealth Management LLC acquired a new position in Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 16,348 shares of the company’s stock, valued at approximately $561,000.

A number of other hedge funds also recently modified their holdings of the stock. Dynamic Advisor Solutions LLC boosted its holdings in shares of Simplify Hedged Equity ETF by 1.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 93,605 shares of the company’s stock valued at $3,140,000 after acquiring an additional 1,070 shares in the last quarter. Bay Rivers Group lifted its stake in shares of Simplify Hedged Equity ETF by 4.1% in the second quarter. Bay Rivers Group now owns 28,608 shares of the company’s stock valued at $960,000 after buying an additional 1,118 shares in the last quarter. Harmony Asset Management LLC boosted its position in shares of Simplify Hedged Equity ETF by 2.2% during the first quarter. Harmony Asset Management LLC now owns 108,920 shares of the company’s stock valued at $3,431,000 after buying an additional 2,375 shares during the last quarter. Royal Bank of Canada increased its position in shares of Simplify Hedged Equity ETF by 33.5% during the 1st quarter. Royal Bank of Canada now owns 10,850 shares of the company’s stock valued at $342,000 after purchasing an additional 2,725 shares during the last quarter. Finally, Financial Enhancement Group LLC increased its stake in shares of Simplify Hedged Equity ETF by 2.0% in the second quarter. Financial Enhancement Group LLC now owns 139,291 shares of the company’s stock worth $4,672,000 after purchasing an additional 2,731 shares in the last quarter.

Simplify Hedged Equity ETF Stock Down 1.3%

Shares of NYSEARCA HEQT opened at $34.19 on Friday. The firm has a market capitalization of $312.84 million, a P/E ratio of 25.09 and a beta of 0.47. Simplify Hedged Equity ETF has a twelve month low of $30.72 and a twelve month high of $34.98. The stock’s 50-day simple moving average is $34.46 and its two-hundred day simple moving average is $33.28.

Simplify Hedged Equity ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding HEQT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report).