Stephens Inc. AR Reduces Holdings in Simplify Hedged Equity ETF $HEQT

Stephens Inc. AR trimmed its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 22.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208,209 shares of the company’s stock after selling 59,835 shares during the period. Stephens Inc. AR owned approximately 1.96% of Simplify Hedged Equity ETF worth $6,673,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of HEQT. Jane Street Group LLC boosted its stake in Simplify Hedged Equity ETF by 844.9% during the 2nd 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 acquired a new stake in Simplify Hedged Equity ETF during the 2nd quarter worth $496,000. MML Investors Services LLC boosted its stake in Simplify Hedged Equity ETF by 39.1% during the 2nd quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock worth $10,036,000 after purchasing an additional 93,959 shares during the period. Smartleaf Asset Management LLC boosted its stake in Simplify Hedged Equity ETF by 4,094.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 16,777 shares of the company’s stock worth $503,000 after purchasing an additional 16,377 shares during the period. Finally, Advisory Services Network LLC boosted its stake in 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 purchasing an additional 3,856 shares during the period.

Simplify Hedged Equity ETF Price Performance

Shares of NYSEARCA:HEQT opened at $33.13 on Monday. The stock has a market cap of $323.02 million, a P/E ratio of 25.09 and a beta of 0.48. The firm has a fifty day moving average price of $32.19 and a 200 day moving average price of $32.13. Simplify Hedged Equity ETF has a 1-year low of $28.95 and a 1-year high of $33.46.

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.