Cambridge Advisors Inc. Increases Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Cambridge Advisors Inc. lifted its position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 30.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,545 shares of the company’s stock after buying an additional 8,725 shares during the quarter. Cambridge Advisors Inc.’s holdings in Simplify Volatility Premium ETF were worth $824,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SVOL. CAP Partners LLC purchased a new stake in shares of Simplify Volatility Premium ETF in the first quarter worth about $220,000. Park Edge Advisors LLC increased its position in shares of Simplify Volatility Premium ETF by 92.1% in the first quarter. Park Edge Advisors LLC now owns 35,036 shares of the company’s stock worth $794,000 after purchasing an additional 16,798 shares during the last quarter. HBW Advisory Services LLC increased its position in shares of Simplify Volatility Premium ETF by 9.6% in the second quarter. HBW Advisory Services LLC now owns 33,277 shares of the company’s stock worth $747,000 after purchasing an additional 2,920 shares during the last quarter. Smith Anglin Financial LLC increased its position in shares of Simplify Volatility Premium ETF by 7.6% in the second quarter. Smith Anglin Financial LLC now owns 84,278 shares of the company’s stock worth $1,893,000 after purchasing an additional 5,925 shares during the last quarter. Finally, CPA Asset Management LLC increased its position in shares of Simplify Volatility Premium ETF by 51.4% in the second quarter. CPA Asset Management LLC now owns 21,062 shares of the company’s stock worth $473,000 after purchasing an additional 7,147 shares during the last quarter.

Simplify Volatility Premium ETF Stock Performance

SVOL stock opened at $21.49 on Friday. The company’s 50 day moving average is $22.03 and its 200 day moving average is $22.29. Simplify Volatility Premium ETF has a 1-year low of $19.41 and a 1-year high of $23.18.

Simplify Volatility Premium ETF Profile

The Simplify Volatility Premium ETF (SVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed portfolio that aims to provide income via short exposure to S&P 500 VIX short-term futures, reset daily. The fund also utilizes an option overlay strategy to protect against adverse moves in VIX.