Cwm LLC Acquires 6,295 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Cwm LLC increased its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 21.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,733 shares of the company’s stock after acquiring an additional 6,295 shares during the quarter. Cwm LLC’s holdings in Simplify Hedged Equity ETF were worth $903,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HEQT. WealthPlan Investment Management LLC grew its position in Simplify Hedged Equity ETF by 27,071.4% in the 3rd quarter. WealthPlan Investment Management LLC now owns 549,406 shares of the company’s stock worth $13,388,000 after purchasing an additional 547,384 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Simplify Hedged Equity ETF by 81.6% in the third quarter. Commonwealth Equity Services LLC now owns 193,328 shares of the company’s stock valued at $4,711,000 after buying an additional 86,854 shares during the period. Stratos Wealth Advisors LLC grew its position in Simplify Hedged Equity ETF by 0.7% during the fourth quarter. Stratos Wealth Advisors LLC now owns 136,562 shares of the company’s stock worth $3,450,000 after buying an additional 997 shares in the last quarter. Lionsbridge Wealth Management LLC grew its holdings in shares of Simplify Hedged Equity ETF by 208.0% during the 4th quarter. Lionsbridge Wealth Management LLC now owns 93,253 shares of the company’s stock worth $2,356,000 after purchasing an additional 62,978 shares in the last quarter. Finally, Financial Enhancement Group LLC increased its holdings in Simplify Hedged Equity ETF by 14.7% in the 4th quarter. Financial Enhancement Group LLC now owns 37,446 shares of the company’s stock valued at $947,000 after buying an additional 4,812 shares during the period.

Simplify Hedged Equity ETF Stock Performance

Shares of HEQT stock opened at $26.33 on Monday. The firm has a fifty day moving average of $26.23 and a 200-day moving average of $25.57. The stock has a market cap of $150.87 million, a price-to-earnings ratio of 22.38 and a beta of 0.50. Simplify Hedged Equity ETF has a 52-week low of $23.66 and a 52-week high of $27.13.

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.