CreativeOne Wealth LLC Has $1.10 Million Holdings in Simplify Hedged Equity ETF $HEQT

CreativeOne Wealth LLC boosted its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 337.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,280 shares of the company’s stock after purchasing an additional 27,216 shares during the quarter. CreativeOne Wealth LLC owned about 0.37% of Simplify Hedged Equity ETF worth $1,102,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HEQT. CWM LLC boosted its holdings in Simplify Hedged Equity ETF by 1.7% during the third quarter. CWM LLC now owns 586,221 shares of the company’s stock worth $18,312,000 after buying an additional 10,044 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Simplify Hedged Equity ETF by 39.1% in the 2nd quarter. MML Investors Services LLC now owns 333,975 shares of the company’s stock valued at $10,036,000 after acquiring an additional 93,959 shares during the last quarter. WealthPLAN Partners LLC raised its position in shares of Simplify Hedged Equity ETF by 1.9% in the 3rd quarter. WealthPLAN Partners LLC now owns 324,558 shares of the company’s stock valued at $10,138,000 after acquiring an additional 6,000 shares during the period. Ameritas Advisory Services LLC raised its position in shares of Simplify Hedged Equity ETF by 79.5% in the 3rd quarter. Ameritas Advisory Services LLC now owns 246,833 shares of the company’s stock valued at $7,710,000 after acquiring an additional 109,291 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in Simplify Hedged Equity ETF by 5.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 195,657 shares of the company’s stock worth $5,879,000 after acquiring an additional 10,301 shares during the last quarter.

Simplify Hedged Equity ETF Price Performance

Simplify Hedged Equity ETF stock opened at $32.13 on Thursday. The firm has a market capitalization of $340.58 million, a price-to-earnings ratio of 25.09 and a beta of 0.48. The company’s 50 day simple moving average is $32.35 and its 200 day simple moving average is $31.79. Simplify Hedged Equity ETF has a fifty-two week low of $27.05 and a fifty-two week high of $32.78.

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.