Middleton & Co. Inc. MA Sells 4,132 Shares of Simplify Hedged Equity ETF (NYSEARCA:HEQT)

Middleton & Co. Inc. MA decreased its holdings in Simplify Hedged Equity ETF (NYSEARCA:HEQT) by 20.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 15,975 shares of the company’s stock after selling 4,132 shares during the period. Middleton & Co. Inc. MA’s holdings in Simplify Hedged Equity ETF were worth $461,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lionsbridge Wealth Management LLC lifted its holdings in Simplify Hedged Equity ETF by 3.2% in the second quarter. Lionsbridge Wealth Management LLC now owns 96,138 shares of the company’s stock valued at $2,660,000 after buying an additional 2,981 shares during the period. Northwest Capital Management Inc lifted its holdings in Simplify Hedged Equity ETF by 188.7% in the second quarter. Northwest Capital Management Inc now owns 5,318 shares of the company’s stock valued at $147,000 after buying an additional 3,476 shares during the period. WealthPLAN Partners LLC lifted its holdings in Simplify Hedged Equity ETF by 0.7% in the second quarter. WealthPLAN Partners LLC now owns 545,585 shares of the company’s stock valued at $15,096,000 after buying an additional 3,652 shares during the period. Financial Enhancement Group LLC lifted its holdings in Simplify Hedged Equity ETF by 14.1% in the second quarter. Financial Enhancement Group LLC now owns 32,723 shares of the company’s stock valued at $904,000 after buying an additional 4,040 shares during the period. Finally, Ameritas Advisory Services LLC lifted its holdings in Simplify Hedged Equity ETF by 1.0% in the second quarter. Ameritas Advisory Services LLC now owns 424,418 shares of the company’s stock valued at $11,744,000 after buying an additional 4,345 shares during the period.

Simplify Hedged Equity ETF Stock Up 0.0 %

HEQT stock opened at $29.19 on Friday. The firm has a market cap of $172.20 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 $23.70 and a 12-month high of $29.34. The company’s fifty day simple moving average is $28.63 and its 200 day simple moving average is $27.69.

Simplify Hedged Equity ETF 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.