Cetera Investment Advisers Sells 8,184 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Cetera Investment Advisers lessened its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 26.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,982 shares of the company’s stock after selling 8,184 shares during the quarter. Cetera Investment Advisers owned about 0.39% of Simplify Hedged Equity ETF worth $678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Simplify Hedged Equity ETF by 12.1% in the fourth quarter. JPMorgan Chase & Co. now owns 3,630 shares of the company’s stock valued at $107,000 after purchasing an additional 392 shares in the last quarter. Principal Securities Inc. bought a new position in shares of Simplify Hedged Equity ETF during the fourth quarter worth approximately $29,000. Assetmark Inc. acquired a new stake in Simplify Hedged Equity ETF during the fourth quarter worth about $35,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Simplify Hedged Equity ETF by 1.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 179,021 shares of the company’s stock worth $5,278,000 after buying an additional 3,142 shares in the last quarter. Finally, Betterment LLC bought a new position in Simplify Hedged Equity ETF in the 4th quarter valued at approximately $230,000.

Simplify Hedged Equity ETF Price Performance

Simplify Hedged Equity ETF stock opened at $29.10 on Monday. The company has a market capitalization of $362.30 million, a P/E ratio of 25.09 and a beta of 0.50. Simplify Hedged Equity ETF has a 1 year low of $26.71 and a 1 year high of $30.53. The business has a 50 day moving average of $28.58 and a 200-day moving average of $29.38.

Simplify Hedged Equity ETF Company 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.