Ameritas Advisory Services LLC Buys 90,549 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Ameritas Advisory Services LLC boosted its stake in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 27.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 415,541 shares of the company’s stock after purchasing an additional 90,549 shares during the quarter. Ameritas Advisory Services LLC owned about 7.04% of Simplify Hedged Equity ETF worth $12,250,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HEQT. Private Advisor Group LLC boosted its position in shares of Simplify Hedged Equity ETF by 267.3% during the third quarter. Private Advisor Group LLC now owns 884,372 shares of the company’s stock worth $25,541,000 after purchasing an additional 643,625 shares in the last quarter. Financial Enhancement Group LLC increased its holdings in shares of Simplify Hedged Equity ETF by 1,232.1% in the third quarter. Financial Enhancement Group LLC now owns 435,918 shares of the company’s stock worth $12,589,000 after acquiring an additional 403,195 shares in the last quarter. CWM LLC raised its position in shares of Simplify Hedged Equity ETF by 26.9% during the third quarter. CWM LLC now owns 470,887 shares of the company’s stock worth $13,599,000 after purchasing an additional 99,908 shares during the period. Lionsbridge Wealth Management LLC lifted its holdings in shares of Simplify Hedged Equity ETF by 29.8% during the 3rd quarter. Lionsbridge Wealth Management LLC now owns 124,830 shares of the company’s stock valued at $3,605,000 after purchasing an additional 28,692 shares in the last quarter. Finally, WealthPLAN Partners LLC grew its position in shares of Simplify Hedged Equity ETF by 3.4% in the 3rd quarter. WealthPLAN Partners LLC now owns 564,333 shares of the company’s stock valued at $16,298,000 after purchasing an additional 18,748 shares during the period.

Simplify Hedged Equity ETF Stock Performance

Shares of HEQT stock opened at $29.89 on Friday. Simplify Hedged Equity ETF has a 52 week low of $25.30 and a 52 week high of $30.26. The company’s 50 day moving average price is $29.80 and its two-hundred day moving average price is $28.86. The company has a market capitalization of $176.35 million, a P/E ratio of 23.07 and a beta of 0.51.

Simplify Hedged Equity ETF 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.