Private Advisor Group LLC Purchases 181,289 Shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Private Advisor Group LLC boosted its position in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 21.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,035,197 shares of the company’s stock after acquiring an additional 181,289 shares during the quarter. Private Advisor Group LLC owned 0.06% of Simplify Enhanced Income ETF worth $25,155,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HIGH. Wells Fargo & Company MN bought a new position in Simplify Enhanced Income ETF in the fourth quarter valued at approximately $19,335,000. WealthPlan Investment Management LLC bought a new position in Simplify Enhanced Income ETF in the first quarter valued at approximately $16,077,000. Richard P Slaughter Associates Inc increased its stake in Simplify Enhanced Income ETF by 6,882.4% in the first quarter. Richard P Slaughter Associates Inc now owns 572,627 shares of the company’s stock valued at $13,972,000 after acquiring an additional 564,426 shares during the last quarter. WealthPLAN Partners LLC bought a new position in Simplify Enhanced Income ETF in the first quarter valued at approximately $9,383,000. Finally, ARQ Wealth Advisors LLC acquired a new stake in Simplify Enhanced Income ETF in the first quarter valued at approximately $5,180,000.

Simplify Enhanced Income ETF Stock Performance

Shares of Simplify Enhanced Income ETF stock opened at $23.28 on Friday. Simplify Enhanced Income ETF has a fifty-two week low of $23.22 and a fifty-two week high of $25.28. The company’s 50 day moving average price is $23.92 and its two-hundred day moving average price is $24.25.

Simplify Enhanced Income ETF Profile

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.