Avior Wealth Management LLC Trims Holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Avior Wealth Management LLC lowered its stake in shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 12.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,656 shares of the company’s stock after selling 525 shares during the quarter. Avior Wealth Management LLC’s holdings in Simplify Hedged Equity ETF were worth $106,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwest Capital Management Inc grew its holdings in Simplify Hedged Equity ETF by 188.7% during the 2nd 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 in the last quarter. Mather Group LLC. bought a new position in shares of Simplify Hedged Equity ETF during the second quarter worth about $782,000. Financial Enhancement Group LLC lifted its position in shares of Simplify Hedged Equity ETF by 14.1% during the second quarter. Financial Enhancement Group LLC now owns 32,723 shares of the company’s stock worth $904,000 after purchasing an additional 4,040 shares during the last quarter. Harmony Asset Management LLC grew its stake in Simplify Hedged Equity ETF by 15.3% in the second 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 in the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in Simplify Hedged Equity ETF in the second quarter valued at about $1,846,000.

Simplify Hedged Equity ETF Stock Up 0.2 %

Shares of NYSEARCA HEQT opened at $29.77 on Friday. The stock’s 50 day moving average price is $29.13 and its two-hundred day moving average price is $28.15. Simplify Hedged Equity ETF has a 52-week low of $25.01 and a 52-week high of $30.01. The stock has a market capitalization of $175.64 million, a P/E ratio of 23.07 and a beta of 0.51.

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.