Simplify Asset Management Inc. Sells 165,278 Shares of Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS)

Simplify Asset Management Inc. trimmed its position in Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS) by 57.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,722 shares of the company’s stock after selling 165,278 shares during the quarter. Simplify Asset Management Inc. owned about 1.78% of Simplify Market Neutral Equity Long/Short ETF worth $2,871,000 at the end of the most recent reporting period.

Separately, GE Investment Management CORP. bought a new position in Simplify Market Neutral Equity Long/Short ETF during the fourth quarter valued at $92,824,000.

Simplify Market Neutral Equity Long/Short ETF Stock Performance

Simplify Market Neutral Equity Long/Short ETF stock opened at $21.99 on Friday. Simplify Market Neutral Equity Long/Short ETF has a 12-month low of $21.88 and a 12-month high of $26.17. The firm has a 50-day moving average price of $22.50 and a 200-day moving average price of $23.02.

Simplify Market Neutral Equity Long/Short ETF Profile

The Simplify Market Neutral Equity Long/Short ETF (EQLS) is an exchange-traded fund that mostly invests in long/short alternatives. The fund seeks to achieve absolute returns and income by investing in a long/short equity portfolio based on a proprietary machine-learning stock selection model. The fund invests in US and foreign companies of any capitalization and seeks to deliver market-neutral exposure.