Simplify Hedged Equity ETF (NYSEARCA:HEQT) Shares Purchased by Harmony Asset Management LLC

Harmony Asset Management LLC boosted its holdings in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 15.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,322 shares of the company’s stock after acquiring an additional 7,751 shares during the period. Harmony Asset Management LLC owned about 0.99% of Simplify Hedged Equity ETF worth $1,614,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new position in Simplify Hedged Equity ETF during the first quarter worth about $141,000. Northwest Capital Management Inc raised its position in Simplify Hedged Equity ETF by 188.7% during the second quarter. Northwest Capital Management Inc now owns 5,318 shares of the company’s stock worth $147,000 after acquiring an additional 3,476 shares during the last quarter. Norden Group LLC acquired a new position in shares of Simplify Hedged Equity ETF in the first quarter valued at approximately $501,000. Diversify Advisory Services LLC acquired a new position in shares of Simplify Hedged Equity ETF in the first quarter valued at approximately $769,000. Finally, Mather Group LLC. acquired a new position in shares of Simplify Hedged Equity ETF in the second quarter valued at approximately $782,000.

Simplify Hedged Equity ETF Price Performance

NYSEARCA:HEQT opened at $28.76 on Monday. The firm has a 50 day simple moving average of $27.93 and a 200-day simple moving average of $27.25. The firm has a market cap of $169.68 million, a PE ratio of 23.07 and a beta of 0.51. Simplify Hedged Equity ETF has a 1-year low of $23.70 and a 1-year high of $28.78.

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.