Stephens Inc. AR Sells 170,899 Shares of Simplify Hedged Equity ETF $HEQT

Stephens Inc. AR cut its position in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 82.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,310 shares of the company’s stock after selling 170,899 shares during the period. Stephens Inc. AR owned 0.38% of Simplify Hedged Equity ETF worth $1,175,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Jane Street Group LLC grew its holdings in Simplify Hedged Equity ETF by 844.9% during the second quarter. Jane Street Group LLC now owns 66,174 shares of the company’s stock worth $1,989,000 after purchasing an additional 59,171 shares during the period. Bank of America Corp DE bought a new stake in Simplify Hedged Equity ETF in the second quarter valued at approximately $496,000. MML Investors Services LLC lifted its position in shares of Simplify Hedged Equity ETF by 39.1% in the second quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock valued at $10,036,000 after buying an additional 93,959 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Simplify Hedged Equity ETF by 4,094.3% in the second quarter. Smartleaf Asset Management LLC now owns 16,777 shares of the company’s stock valued at $503,000 after buying an additional 16,377 shares during the last quarter. Finally, Advisory Services Network LLC boosted its stake in shares of Simplify Hedged Equity ETF by 9.4% during the 2nd quarter. Advisory Services Network LLC now owns 44,769 shares of the company’s stock worth $1,363,000 after acquiring an additional 3,856 shares during the period.

Simplify Hedged Equity ETF Stock Up 0.3%

Shares of HEQT stock traded up $0.11 during trading on Friday, reaching $33.77. 22,842 shares of the company’s stock were exchanged, compared to its average volume of 79,484. Simplify Hedged Equity ETF has a twelve month low of $30.14 and a twelve month high of $33.77. The stock has a market capitalization of $300.55 million, a PE ratio of 25.09 and a beta of 0.47. The firm’s fifty day moving average price is $33.35 and its 200-day moving average price is $32.58.

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. HEQT was launched on Nov 1, 2021 and is managed by Simplify.