Atria Wealth Solutions Inc. Sells 2,645 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Atria Wealth Solutions Inc. cut its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 18.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,413 shares of the company’s stock after selling 2,645 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.19% of Simplify Hedged Equity ETF worth $336,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Principal Securities Inc. bought a new stake in Simplify Hedged Equity ETF in the fourth quarter worth $29,000. WealthPlan Investment Management LLC lifted its position in Simplify Hedged Equity ETF by 65.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 599,917 shares of the company’s stock worth $17,686,000 after buying an additional 236,306 shares during the last quarter. Stephens Inc. AR bought a new stake in Simplify Hedged Equity ETF in the fourth quarter worth $996,000. Stratos Wealth Advisors LLC lifted its position in Simplify Hedged Equity ETF by 6.3% in the fourth quarter. Stratos Wealth Advisors LLC now owns 167,167 shares of the company’s stock worth $4,928,000 after buying an additional 9,849 shares during the last quarter. Finally, Bay Rivers Group bought a new stake in Simplify Hedged Equity ETF in the fourth quarter worth $383,000.

Simplify Hedged Equity ETF Stock Up 1.3 %

Shares of HEQT opened at $29.92 on Friday. The business has a fifty day moving average of $29.94 and a 200 day moving average of $29.35. Simplify Hedged Equity ETF has a 52-week low of $25.77 and a 52-week high of $30.53. The company has a market cap of $176.53 million, a PE ratio of 23.07 and a beta of 0.51.

About Simplify Hedged Equity ETF

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.