Simplify Hedged Equity ETF (NYSEARCA:HEQT) Shares Purchased by Harmony Asset Management LLC

Harmony Asset Management LLC lifted its position in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 31.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,927 shares of the company’s stock after purchasing an additional 18,605 shares during the quarter. Harmony Asset Management LLC’s holdings in Simplify Hedged Equity ETF were worth $2,222,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HEQT. Private Advisor Group LLC increased its holdings in Simplify Hedged Equity ETF by 267.3% during the third quarter. Private Advisor Group LLC now owns 884,372 shares of the company’s stock worth $25,541,000 after buying an additional 643,625 shares during the last quarter. WealthPLAN Partners LLC grew its holdings in shares of Simplify Hedged Equity ETF by 3.4% in the third quarter. WealthPLAN Partners LLC now owns 564,333 shares of the company’s stock worth $16,298,000 after purchasing an additional 18,748 shares during the last quarter. Keudell Morrison Wealth Management lifted its position in Simplify Hedged Equity ETF by 2.7% in the 3rd quarter. Keudell Morrison Wealth Management now owns 519,326 shares of the company’s stock valued at $14,998,000 after acquiring an additional 13,580 shares in the last quarter. CWM LLC lifted its holdings in Simplify Hedged Equity ETF by 26.9% in the 3rd quarter. CWM LLC now owns 470,887 shares of the company’s stock worth $13,599,000 after purchasing an additional 99,908 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its stake in shares of Simplify Hedged Equity ETF by 1,232.1% in the 3rd quarter. Financial Enhancement Group LLC now owns 435,918 shares of the company’s stock valued at $12,589,000 after purchasing an additional 403,195 shares during the last quarter.

Simplify Hedged Equity ETF Stock Up 0.2 %

NYSEARCA:HEQT opened at $30.06 on Tuesday. Simplify Hedged Equity ETF has a 52 week low of $25.01 and a 52 week high of $30.08. The firm has a 50 day moving average of $29.29 and a 200 day moving average of $28.30. The stock has a market capitalization of $177.35 million, a price-to-earnings ratio of 23.07 and a beta of 0.51.

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.