Simplify Enhanced Income ETF (NYSEARCA:HIGH) Stake Reduced by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC decreased its holdings in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 63.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 8,286 shares of the company’s stock after selling 14,093 shares during the period. Outlook Wealth Advisors LLC’s holdings in Simplify Enhanced Income ETF were worth $202,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Wells Fargo & Company MN purchased a new stake in shares of Simplify Enhanced Income ETF during the fourth quarter valued at $19,335,000. Private Advisor Group LLC acquired a new stake in Simplify Enhanced Income ETF during the 4th quarter worth about $18,001,000. Richard P Slaughter Associates Inc raised its holdings in Simplify Enhanced Income ETF by 6,882.4% during the 1st quarter. Richard P Slaughter Associates Inc now owns 572,627 shares of the company’s stock worth $13,972,000 after buying an additional 564,426 shares during the period. Astor Investment Management LLC purchased a new stake in Simplify Enhanced Income ETF during the fourth quarter valued at about $10,470,000. Finally, Orion Portfolio Solutions LLC acquired a new position in shares of Simplify Enhanced Income ETF in the fourth quarter worth about $3,248,000.

Simplify Enhanced Income ETF Stock Performance

Shares of NYSEARCA:HIGH remained flat at $24.30 during mid-day trading on Friday. 136,531 shares of the company traded hands, compared to its average volume of 275,245. The firm’s 50-day simple moving average is $24.43 and its 200 day simple moving average is $24.59. Simplify Enhanced Income ETF has a fifty-two week low of $24.28 and a fifty-two week high of $25.71.

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.