Simplify Hedged Equity ETF $HEQT Shares Sold by ATX Financial Planning LLC

ATX Financial Planning LLC cut its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 76.2% during the first quarter, Holdings Channel reports. The firm owned 10,690 shares of the company’s stock after selling 34,133 shares during the quarter. ATX Financial Planning LLC’s holdings in Simplify Hedged Equity ETF were worth $337,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Private Advisor Group LLC boosted its stake in shares of Simplify Hedged Equity ETF by 466.8% in the fourth quarter. Private Advisor Group LLC now owns 1,120,557 shares of the company’s stock valued at $35,914,000 after purchasing an additional 922,843 shares during the period. CWM LLC grew its holdings in shares of Simplify Hedged Equity ETF by 3.3% in the fourth quarter. CWM LLC now owns 605,285 shares of the company’s stock valued at $19,399,000 after purchasing an additional 19,064 shares in the last quarter. Keudell Morrison Wealth Management acquired a new position in shares of Simplify Hedged Equity ETF in the fourth quarter valued at approximately $16,574,000. LPL Financial LLC increased its stake in Simplify Hedged Equity ETF by 13.2% during the 4th quarter. LPL Financial LLC now owns 459,311 shares of the company’s stock worth $14,721,000 after buying an additional 53,482 shares during the period. Finally, MML Investors Services LLC increased 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 buying an additional 93,959 shares during the period.

Simplify Hedged Equity ETF Stock Up 0.3%

Simplify Hedged Equity ETF stock opened at $33.66 on Friday. Simplify Hedged Equity ETF has a 52-week low of $30.13 and a 52-week high of $33.72. The firm has a market cap of $299.57 million, a PE ratio of 25.09 and a beta of 0.47. The company’s 50 day moving average is $33.33 and its two-hundred day moving average is $32.57.

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.