Beacon Capital Management LLC Makes New Investment in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Beacon Capital Management LLC acquired a new stake in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 301,627 shares of the company’s stock, valued at approximately $6,943,000. Simplify Enhanced Income ETF comprises 0.9% of Beacon Capital Management LLC’s investment portfolio, making the stock its 18th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in Simplify Enhanced Income ETF in the third quarter valued at about $27,000. Decker Retirement Planning Inc. acquired a new stake in Simplify Enhanced Income ETF in the 4th quarter worth approximately $59,000. New Wave Wealth Advisors LLC acquired a new position in Simplify Enhanced Income ETF during the 4th quarter valued at approximately $62,000. Geneos Wealth Management Inc. purchased a new position in shares of Simplify Enhanced Income ETF in the fourth quarter worth $88,000. Finally, Wolverine Trading LLC acquired a new stake in shares of Simplify Enhanced Income ETF during the third quarter worth $204,000.

Simplify Enhanced Income ETF Price Performance

NYSEARCA HIGH opened at $23.26 on Friday. The stock’s fifty day moving average price is $23.29 and its 200 day moving average price is $23.46. Simplify Enhanced Income ETF has a 1 year low of $22.78 and a 1 year high of $24.67.

About Simplify Enhanced Income ETF

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.