Principal Securities Inc. Buys 78,956 Shares of Simplify Enhanced Income ETF $HIGH

Principal Securities Inc. boosted its stake in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 15.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 599,795 shares of the company’s stock after buying an additional 78,956 shares during the quarter. Principal Securities Inc. owned approximately 9.30% of Simplify Enhanced Income ETF worth $13,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HIGH. Raymond James Financial Inc. bought a new stake in Simplify Enhanced Income ETF during the 2nd quarter valued at about $47,000. Envestnet Asset Management Inc. lifted its holdings in Simplify Enhanced Income ETF by 10.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 242,057 shares of the company’s stock valued at $5,589,000 after buying an additional 22,996 shares in the last quarter. Integrated Advisors Network LLC lifted its holdings in Simplify Enhanced Income ETF by 36.8% during the 3rd quarter. Integrated Advisors Network LLC now owns 18,022 shares of the company’s stock valued at $416,000 after buying an additional 4,848 shares in the last quarter. Blackston Financial Advisory Group LLC lifted its holdings in Simplify Enhanced Income ETF by 52.3% during the 3rd quarter. Blackston Financial Advisory Group LLC now owns 39,205 shares of the company’s stock valued at $905,000 after buying an additional 13,465 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new stake in Simplify Enhanced Income ETF during the 3rd quarter valued at about $553,000.

Simplify Enhanced Income ETF Trading Up 0.8%

Shares of HIGH opened at $21.64 on Friday. Simplify Enhanced Income ETF has a 1-year low of $21.16 and a 1-year high of $24.97. The company has a 50-day moving average of $21.55 and a 200 day moving average of $21.90.

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.