Prosperity Wealth Management Inc. bought a new position in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 76,081 shares of the company’s stock, valued at approximately $1,869,000. Simplify Enhanced Income ETF comprises approximately 1.2% of Prosperity Wealth Management Inc.’s investment portfolio, making the stock its 17th biggest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in HIGH. Astor Investment Management LLC acquired a new stake in Simplify Enhanced Income ETF during the fourth quarter worth about $10,470,000. 3EDGE Asset Management LP acquired a new stake in Simplify Enhanced Income ETF during the third quarter worth $5,358,000. Narus Financial Partners LLC purchased a new stake in Simplify Enhanced Income ETF in the fourth quarter valued at $1,199,000. Citizens Financial Group Inc. RI acquired a new position in shares of Simplify Enhanced Income ETF in the 3rd quarter valued at $1,203,000. Finally, Elevated Capital Advisors LLC purchased a new position in shares of Simplify Enhanced Income ETF during the 4th quarter worth $890,000.
Simplify Enhanced Income ETF Stock Performance
Shares of NYSEARCA HIGH remained flat at $24.35 during trading on Wednesday. The stock had a trading volume of 56,610 shares, compared to its average volume of 276,317. The stock has a fifty day moving average price of $24.46 and a 200-day moving average price of $24.61. Simplify Enhanced Income ETF has a twelve month low of $24.30 and a twelve month 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.
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