HighTower Advisors LLC Invests $250,000 in Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS)

HighTower Advisors LLC bought a new stake in shares of Simplify Market Neutral Equity Long/Short ETF (NYSEARCA:EQLS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,600 shares of the company’s stock, valued at approximately $250,000. HighTower Advisors LLC owned approximately 0.17% of Simplify Market Neutral Equity Long/Short ETF as of its most recent filing with the Securities and Exchange Commission.

Simplify Market Neutral Equity Long/Short ETF Price Performance

NYSEARCA EQLS opened at $21.32 on Wednesday. Simplify Market Neutral Equity Long/Short ETF has a 12 month low of $20.90 and a 12 month high of $24.84. The stock’s 50 day moving average is $21.41 and its 200 day moving average is $22.20.

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.