Ameritas Advisory Services LLC Acquires 109,291 Shares of Simplify Hedged Equity ETF $HEQT

Ameritas Advisory Services LLC raised its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 79.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 246,833 shares of the company’s stock after acquiring an additional 109,291 shares during the quarter. Ameritas Advisory Services LLC owned approximately 2.58% of Simplify Hedged Equity ETF worth $7,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CGC Financial Services LLC bought a new position in shares of Simplify Hedged Equity ETF during the 3rd quarter valued at approximately $97,000. CreativeOne Wealth LLC bought a new stake in Simplify Hedged Equity ETF during the 2nd quarter valued at about $242,000. DAVENPORT & Co LLC bought a new position in Simplify Hedged Equity ETF in the third quarter worth approximately $251,000. Golden State Wealth Management LLC increased its stake in shares of Simplify Hedged Equity ETF by 80.9% during the second quarter. Golden State Wealth Management LLC now owns 9,332 shares of the company’s stock valued at $280,000 after buying an additional 4,174 shares during the period. Finally, Brookwood Investment Group LLC purchased a new position in Simplify Hedged Equity ETF during the 3rd quarter valued at about $305,000.

Simplify Hedged Equity ETF Stock Performance

Shares of Simplify Hedged Equity ETF stock opened at $32.21 on Friday. The company has a 50-day simple moving average of $32.23 and a two-hundred day simple moving average of $31.54. Simplify Hedged Equity ETF has a one year low of $27.05 and a one year high of $32.78. The company has a market capitalization of $341.43 million, a PE ratio of 25.09 and a beta of 0.48.

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. HEQT was launched on Nov 1, 2021 and is managed by Simplify.