TSG Advice Partners LLC bought a new stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT – Free Report) in the 1st quarter, HoldingsChannel reports. The firm bought 185,666 shares of the company’s stock, valued at approximately $5,848,000. Simplify Hedged Equity ETF accounts for about 0.9% of TSG Advice Partners LLC’s holdings, making the stock its 23rd largest position.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. US Bancorp DE bought a new stake in Simplify Hedged Equity ETF during the third quarter worth approximately $42,000. Kestra Advisory Services LLC bought a new position in shares of Simplify Hedged Equity ETF in the fourth quarter valued at $50,000. Advisors Preferred LLC acquired a new stake in shares of Simplify Hedged Equity ETF during the 4th quarter valued at $112,000. JPMorgan Chase & Co. lifted its position in shares of Simplify Hedged Equity ETF by 26.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,339 shares of the company’s stock valued at $136,000 after acquiring an additional 921 shares during the last quarter. Finally, Chatterton & Associates Inc. bought a new stake in shares of Simplify Hedged Equity ETF during the 4th quarter worth $222,000.
Simplify Hedged Equity ETF Stock Up 0.1%
HEQT opened at $33.56 on Thursday. The firm has a market cap of $314.79 million, a PE ratio of 25.09 and a beta of 0.47. The business has a fifty day simple moving average of $33.23 and a 200-day simple moving average of $32.51. Simplify Hedged Equity ETF has a fifty-two week low of $29.84 and a fifty-two week high of $33.64.
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.
Further Reading
- Five stocks we like better than Simplify Hedged Equity ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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).
Receive News & Ratings for Simplify Hedged Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Hedged Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
