Simplify Hedged Equity ETF (NYSEARCA:HEQT) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 55.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,870 shares of the company’s stock after selling 46,524 shares during the period. Commonwealth Equity Services LLC owned about 0.64% of Simplify Hedged Equity ETF worth $1,116,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Proficio Capital Partners LLC grew its stake in Simplify Hedged Equity ETF by 2,848.0% in the 4th quarter. Proficio Capital Partners LLC now owns 308,656 shares of the company’s stock valued at $9,099,000 after acquiring an additional 298,186 shares during the period. WealthPlan Investment Management LLC lifted its holdings in Simplify Hedged Equity ETF by 65.0% during the fourth quarter. WealthPlan Investment Management LLC now owns 599,917 shares of the company’s stock valued at $17,686,000 after purchasing an additional 236,306 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Simplify Hedged Equity ETF by 76.4% in the fourth quarter. HighTower Advisors LLC now owns 301,468 shares of the company’s stock valued at $8,887,000 after purchasing an additional 130,611 shares during the period. Ameritas Advisory Services LLC raised its position in shares of Simplify Hedged Equity ETF by 27.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 415,541 shares of the company’s stock worth $12,250,000 after purchasing an additional 90,549 shares during the last quarter. Finally, Lionsbridge Wealth Management LLC lifted its stake in Simplify Hedged Equity ETF by 40.8% in the 4th quarter. Lionsbridge Wealth Management LLC now owns 175,711 shares of the company’s stock valued at $5,180,000 after buying an additional 50,881 shares in the last quarter.

Simplify Hedged Equity ETF Trading Up 0.4 %

NYSEARCA:HEQT opened at $28.58 on Tuesday. The stock has a 50 day moving average of $29.63 and a two-hundred day moving average of $29.51. Simplify Hedged Equity ETF has a 12 month low of $25.77 and a 12 month high of $30.53. The firm has a market cap of $400.12 million, a P/E ratio of 25.34 and a beta of 0.49.

Simplify Hedged Equity ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.