Encompass More Asset Management Grows Holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Encompass More Asset Management increased its stake in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,174 shares of the company’s stock after buying an additional 5,459 shares during the period. Encompass More Asset Management owned about 0.35% of Simplify Enhanced Income ETF worth $1,362,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HIGH. Wealthcare Advisory Partners LLC bought a new stake in shares of Simplify Enhanced Income ETF in the 4th quarter worth about $2,615,000. Decker Retirement Planning Inc. acquired a new stake in shares of Simplify Enhanced Income ETF in the fourth quarter valued at approximately $59,000. Redhawk Wealth Advisors Inc. increased its stake in shares of Simplify Enhanced Income ETF by 6.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 28,691 shares of the company’s stock valued at $660,000 after purchasing an additional 1,652 shares during the period. Elevated Capital Advisors LLC bought a new stake in shares of Simplify Enhanced Income ETF during the fourth quarter valued at approximately $840,000. Finally, Mid American Wealth Advisory Group Inc. grew its holdings in Simplify Enhanced Income ETF by 58.0% in the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 102,082 shares of the company’s stock worth $2,350,000 after buying an additional 37,459 shares in the last quarter.

Simplify Enhanced Income ETF Stock Performance

HIGH opened at $23.58 on Friday. The stock’s 50 day moving average price is $23.38 and its 200 day moving average price is $23.57. Simplify Enhanced Income ETF has a 12 month low of $22.78 and a 12 month high of $24.70.

About Simplify Enhanced Income ETF

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.