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

Ameritas Advisory Services LLC lifted its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 27.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 415,541 shares of the company’s stock after acquiring an additional 90,549 shares during the quarter. Ameritas Advisory Services LLC owned about 0.07% of Simplify Hedged Equity ETF worth $12,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of HEQT. Stratos Wealth Advisors LLC grew its stake in shares of Simplify Hedged Equity ETF by 5.2% in the third quarter. Stratos Wealth Advisors LLC now owns 157,318 shares of the company’s stock worth $4,543,000 after acquiring an additional 7,829 shares during the period. CWM LLC grew its position in Simplify Hedged Equity ETF by 26.9% in the 3rd 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. Harmony Asset Management LLC grew its position in Simplify Hedged Equity ETF by 15.3% in the 2nd quarter. Harmony Asset Management LLC now owns 58,322 shares of the company’s stock worth $1,614,000 after purchasing an additional 7,751 shares during the period. Financial Enhancement Group LLC lifted its holdings in shares of Simplify Hedged Equity ETF by 1,232.1% during the 3rd 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. Finally, Lionsbridge Wealth Management LLC boosted its stake in shares of Simplify Hedged Equity ETF by 29.8% in the 3rd quarter. Lionsbridge Wealth Management LLC now owns 124,830 shares of the company’s stock worth $3,605,000 after buying an additional 28,692 shares during the last quarter.

Simplify Hedged Equity ETF Price Performance

Shares of HEQT opened at $29.89 on Friday. The firm 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 has a one year low of $25.30 and a one year high of $30.26. The business has a fifty day moving average of $29.80 and a 200 day moving average of $28.86.

About Simplify Hedged Equity ETF

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.