Napa Wealth Management Purchases New Holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Napa Wealth Management acquired a new position in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) during the 3rd quarter, Holdings Channel reports. The firm acquired 89,133 shares of the company’s stock, valued at approximately $2,090,000. Simplify Enhanced Income ETF accounts for about 1.0% of Napa Wealth Management’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in Simplify Enhanced Income ETF by 25.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,163 shares of the company’s stock worth $379,000 after acquiring an additional 3,304 shares during the period. AE Wealth Management LLC raised its position in shares of Simplify Enhanced Income ETF by 66.0% during the 2nd quarter. AE Wealth Management LLC now owns 126,061 shares of the company’s stock worth $3,063,000 after purchasing an additional 50,121 shares during the period. Legacy Capital Wealth Partners LLC acquired a new stake in shares of Simplify Enhanced Income ETF during the 2nd quarter worth approximately $429,000. Private Advisor Group LLC boosted its position in Simplify Enhanced Income ETF by 21.2% during the 2nd quarter. Private Advisor Group LLC now owns 1,035,197 shares of the company’s stock valued at $25,155,000 after purchasing an additional 181,289 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Simplify Enhanced Income ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 473,214 shares of the company’s stock worth $11,499,000 after buying an additional 16,464 shares during the period.

Simplify Enhanced Income ETF Stock Performance

NYSEARCA HIGH opened at $23.43 on Monday. The company has a 50-day moving average price of $23.49 and a two-hundred day moving average price of $23.92. Simplify Enhanced Income ETF has a 52 week low of $23.22 and a 52 week high of $24.77.

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.