Middleton & Co. Inc. MA Sells 2,950 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Middleton & Co. Inc. MA lessened its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 18.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,025 shares of the company’s stock after selling 2,950 shares during the period. Middleton & Co. Inc. MA owned about 0.22% of Simplify Hedged Equity ETF worth $384,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of HEQT. Financial Enhancement Group LLC raised its stake in 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 valued at $12,589,000 after buying an additional 403,195 shares during the period. Proficio Capital Partners LLC raised its stake in Simplify Hedged Equity ETF by 2,848.0% in the fourth quarter. Proficio Capital Partners LLC now owns 308,656 shares of the company’s stock valued at $9,099,000 after buying an additional 298,186 shares during the period. WealthPlan Investment Management LLC raised its stake in Simplify Hedged Equity ETF by 65.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 599,917 shares of the company’s stock valued at $17,686,000 after buying an additional 236,306 shares during the period. Ameritas Advisory Services LLC raised its stake in Simplify Hedged Equity ETF by 27.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 415,541 shares of the company’s stock valued at $12,250,000 after buying an additional 90,549 shares during the period. Finally, Lionsbridge Wealth Management LLC raised its stake in Simplify Hedged Equity ETF by 40.8% in the fourth quarter. Lionsbridge Wealth Management LLC now owns 175,711 shares of the company’s stock valued at $5,180,000 after buying an additional 50,881 shares during the period.

Simplify Hedged Equity ETF Stock Up 1.3 %

NYSEARCA:HEQT opened at $29.92 on Friday. The stock’s 50 day moving average price is $29.94 and its two-hundred day moving average price is $29.35. The firm has a market capitalization of $176.53 million, a price-to-earnings ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 12-month low of $25.77 and a 12-month high of $30.53.

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.