WealthPLAN Partners LLC Reduces Holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

WealthPLAN Partners LLC lowered its holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQTFree Report) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 534,413 shares of the company’s stock after selling 29,920 shares during the quarter. Simplify Hedged Equity ETF accounts for about 2.2% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 7th biggest position. WealthPLAN Partners LLC owned about 9.06% of Simplify Hedged Equity ETF worth $15,755,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Stephens Inc. AR bought a new stake in Simplify Hedged Equity ETF in the fourth quarter valued at about $996,000. Stratos Wealth Advisors LLC boosted its position in Simplify Hedged Equity ETF by 6.3% in the fourth quarter. Stratos Wealth Advisors LLC now owns 167,167 shares of the company’s stock valued at $4,928,000 after buying an additional 9,849 shares in the last quarter. Bay Rivers Group acquired a new position in Simplify Hedged Equity ETF in the fourth quarter valued at about $383,000. Peterson Wealth Advisors LLC boosted its position in Simplify Hedged Equity ETF by 42.4% in the fourth quarter. Peterson Wealth Advisors LLC now owns 53,619 shares of the company’s stock valued at $1,594,000 after buying an additional 15,956 shares in the last quarter. Finally, Lionsbridge Wealth Management LLC boosted its position in Simplify Hedged Equity ETF by 40.8% in the fourth quarter. Lionsbridge Wealth Management LLC now owns 175,711 shares of the company’s stock valued at $5,180,000 after buying an additional 50,881 shares in the last quarter.

Simplify Hedged Equity ETF Stock Up 0.1 %

NYSEARCA:HEQT opened at $30.40 on Friday. The firm has a market cap of $179.36 million, a PE ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 12 month low of $25.76 and a 12 month high of $30.46. The company’s 50-day moving average price is $29.92 and its two-hundred day moving average price is $29.17.

Simplify Hedged Equity ETF Company 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.

See Also

Institutional Ownership by Quarter for Simplify Hedged Equity ETF (NYSEARCA:HEQT)

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