Beacon Capital Management LLC Has $13.17 Million Stock Holdings in Simplify Enhanced Income ETF $HIGH

Beacon Capital Management LLC increased its position in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 15.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 543,354 shares of the company’s stock after buying an additional 70,707 shares during the period. Simplify Enhanced Income ETF accounts for approximately 1.8% of Beacon Capital Management LLC’s holdings, making the stock its 13th biggest position. Beacon Capital Management LLC owned about 6.83% of Simplify Enhanced Income ETF worth $13,165,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Park Square Financial Group LLC bought a new position in Simplify Enhanced Income ETF during the first quarter worth $38,000. Larson Financial Group LLC bought a new stake in Simplify Enhanced Income ETF in the 1st quarter valued at $49,000. Transce3nd LLC bought a new stake in Simplify Enhanced Income ETF in the 1st quarter valued at $150,000. Decker Retirement Planning Inc. increased its holdings in Simplify Enhanced Income ETF by 279.3% in the 1st quarter. Decker Retirement Planning Inc. now owns 9,762 shares of the company’s stock valued at $214,000 after buying an additional 7,188 shares during the period. Finally, IFP Advisors Inc increased its holdings in Simplify Enhanced Income ETF by 11.6% in the 1st quarter. IFP Advisors Inc now owns 10,998 shares of the company’s stock valued at $241,000 after buying an additional 1,144 shares during the period.

Simplify Enhanced Income ETF Price Performance

Shares of Simplify Enhanced Income ETF stock opened at $23.03 on Friday. Simplify Enhanced Income ETF has a 52-week low of $20.98 and a 52-week high of $25.15. The company’s fifty day moving average price is $23.31 and its two-hundred day moving average price is $23.45.

Simplify Enhanced Income ETF Company Profile

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.