Howard Bailey Securities LLC Invests $1.79 Million in Simplify Enhanced Income ETF $HIGH

Howard Bailey Securities LLC acquired a new position in Simplify Enhanced Income ETF (NYSEARCA:HIGH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 80,330 shares of the company’s stock, valued at approximately $1,792,000. Howard Bailey Securities LLC owned about 1.25% of Simplify Enhanced Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of HIGH. Key Capital Management INC acquired a new stake in shares of Simplify Enhanced Income ETF in the fourth quarter worth $2,223,000. Elevated Capital Advisors LLC grew its stake in shares of Simplify Enhanced Income ETF by 20.8% in the fourth quarter. Elevated Capital Advisors LLC now owns 420,805 shares of the company’s stock worth $9,388,000 after acquiring an additional 72,510 shares during the last quarter. FSA Advisors Inc. acquired a new stake in shares of Simplify Enhanced Income ETF in the fourth quarter worth $1,396,000. CreativeOne Wealth LLC acquired a new stake in shares of Simplify Enhanced Income ETF in the third quarter worth $553,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Simplify Enhanced Income ETF by 10.5% in the third quarter. Envestnet Asset Management Inc. now owns 242,057 shares of the company’s stock worth $5,589,000 after acquiring an additional 22,996 shares during the last quarter.

Simplify Enhanced Income ETF Stock Performance

Shares of Simplify Enhanced Income ETF stock opened at $21.46 on Tuesday. Simplify Enhanced Income ETF has a 1 year low of $21.16 and a 1 year high of $24.97. The company’s fifty day simple moving average is $21.54 and its 200-day simple moving average is $21.92.

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.