15,832 Shares in Simplify Hedged Equity ETF $HEQT Purchased by Blue Jean Financial LLC

Blue Jean Financial LLC bought a new stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,832 shares of the company’s stock, valued at approximately $507,000.

A number of other hedge funds have also made changes to their positions in the company. CWM LLC raised its holdings in shares of Simplify Hedged Equity ETF by 3.3% during the fourth quarter. CWM LLC now owns 605,285 shares of the company’s stock valued at $19,399,000 after acquiring an additional 19,064 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in shares of Simplify Hedged Equity ETF during the fourth quarter valued at approximately $16,574,000. LPL Financial LLC raised its holdings in shares of Simplify Hedged Equity ETF by 13.2% during the fourth quarter. LPL Financial LLC now owns 459,311 shares of the company’s stock valued at $14,721,000 after acquiring an additional 53,482 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Simplify Hedged Equity ETF by 39.1% during the second 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. Finally, Leo Wealth LLC acquired a new position in shares of Simplify Hedged Equity ETF during the fourth quarter valued at approximately $10,625,000.

Simplify Hedged Equity ETF Price Performance

Shares of Simplify Hedged Equity ETF stock opened at $33.32 on Friday. The business has a 50 day simple moving average of $32.86 and a two-hundred day simple moving average of $32.36. Simplify Hedged Equity ETF has a 12 month low of $29.50 and a 12 month high of $33.60. The stock has a market capitalization of $324.87 million, a P/E ratio of 25.09 and a beta of 0.47.

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.