L.M. Kohn & Company Purchases New Position in Simplify Hedged Equity ETF $HEQT

L.M. Kohn & Company purchased a new stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 49,195 shares of the company’s stock, valued at approximately $1,478,000. L.M. Kohn & Company owned approximately 0.44% of Simplify Hedged Equity ETF as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in Simplify Hedged Equity ETF by 10.9% during the first quarter. LPL Financial LLC now owns 1,205,268 shares of the company’s stock worth $34,441,000 after purchasing an additional 118,651 shares during the period. Private Advisor Group LLC boosted its position in Simplify Hedged Equity ETF by 17.7% during the first quarter. Private Advisor Group LLC now owns 819,883 shares of the company’s stock worth $23,428,000 after purchasing an additional 123,200 shares during the period. WealthPlan Investment Management LLC boosted its position in Simplify Hedged Equity ETF by 42.3% during the second quarter. WealthPlan Investment Management LLC now owns 658,530 shares of the company’s stock worth $19,789,000 after purchasing an additional 195,820 shares during the period. CWM LLC boosted its position in Simplify Hedged Equity ETF by 6.7% during the second quarter. CWM LLC now owns 576,177 shares of the company’s stock worth $17,314,000 after purchasing an additional 35,965 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Simplify Hedged Equity ETF by 22.2% during the second quarter. Envestnet Asset Management Inc. now owns 354,510 shares of the company’s stock worth $10,653,000 after purchasing an additional 64,425 shares during the period.

Simplify Hedged Equity ETF Stock Up 0.1%

Shares of Simplify Hedged Equity ETF stock opened at $31.85 on Wednesday. The stock has a market capitalization of $304.80 million, a P/E ratio of 25.09 and a beta of 0.48. The stock has a 50 day moving average price of $31.13 and a two-hundred day moving average price of $30.16. Simplify Hedged Equity ETF has a 12-month low of $27.05 and a 12-month high of $31.94.

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.