Mid American Wealth Advisory Group Inc. Boosts Stock Position in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Mid American Wealth Advisory Group Inc. boosted its stake in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 30.5% in the first quarter, Holdings Channel reports. The institutional investor owned 133,211 shares of the company’s stock after purchasing an additional 31,129 shares during the period. Simplify Enhanced Income ETF accounts for approximately 1.6% of Mid American Wealth Advisory Group Inc.’s portfolio, making the stock its 22nd biggest position. Mid American Wealth Advisory Group Inc.’s holdings in Simplify Enhanced Income ETF were worth $2,923,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HIGH. Principal Securities Inc. increased its stake in Simplify Enhanced Income ETF by 16.1% during the 4th quarter. Principal Securities Inc. now owns 327,452 shares of the company’s stock valued at $7,538,000 after purchasing an additional 45,338 shares in the last quarter. Beacon Capital Management LLC purchased a new stake in shares of Simplify Enhanced Income ETF during the fourth quarter valued at approximately $6,943,000. Legacy Investment Solutions LLC increased its position in shares of Simplify Enhanced Income ETF by 220.4% during the fourth quarter. Legacy Investment Solutions LLC now owns 178,325 shares of the company’s stock valued at $4,134,000 after acquiring an additional 122,674 shares in the last quarter. Legacy Capital Group California Inc. increased its position in shares of Simplify Enhanced Income ETF by 4.0% during the fourth quarter. Legacy Capital Group California Inc. now owns 94,626 shares of the company’s stock valued at $2,178,000 after acquiring an additional 3,642 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in Simplify Enhanced Income ETF by 58.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 86,867 shares of the company’s stock worth $2,000,000 after acquiring an additional 32,086 shares during the last quarter.

Simplify Enhanced Income ETF Stock Down 0.9%

HIGH stock opened at $23.87 on Monday. The stock’s 50 day simple moving average is $23.47 and its 200 day simple moving average is $23.23. Simplify Enhanced Income ETF has a 12-month low of $20.98 and a 12-month high of $25.15.

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.