Mount Lucas Management LP Makes New $1.83 Million Investment in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Mount Lucas Management LP acquired a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 83,100 shares of the company’s stock, valued at approximately $1,825,000.

A number of other institutional investors have also recently made changes to their positions in the stock. HBW Advisory Services LLC raised its stake in shares of Simplify Volatility Premium ETF by 9.6% during the second quarter. HBW Advisory Services LLC now owns 33,277 shares of the company’s stock valued at $747,000 after acquiring an additional 2,920 shares during the last quarter. Smith Anglin Financial LLC lifted its holdings in Simplify Volatility Premium ETF by 7.6% in the 2nd quarter. Smith Anglin Financial LLC now owns 84,278 shares of the company’s stock worth $1,893,000 after buying an additional 5,925 shares during the period. CPA Asset Management LLC grew its position in shares of Simplify Volatility Premium ETF by 51.4% in the 2nd quarter. CPA Asset Management LLC now owns 21,062 shares of the company’s stock worth $473,000 after buying an additional 7,147 shares during the last quarter. Cambridge Advisors Inc. increased its stake in shares of Simplify Volatility Premium ETF by 10.6% during the second quarter. Cambridge Advisors Inc. now owns 28,820 shares of the company’s stock valued at $647,000 after buying an additional 2,770 shares during the period. Finally, Diversify Advisory Services LLC bought a new position in shares of Simplify Volatility Premium ETF during the second quarter valued at approximately $539,000.

Simplify Volatility Premium ETF Stock Down 1.0 %

Shares of SVOL stock opened at $21.62 on Friday. The stock has a fifty day moving average of $21.76 and a 200 day moving average of $22.21. Simplify Volatility Premium ETF has a 52 week low of $19.41 and a 52 week high of $23.18.

About Simplify Volatility Premium ETF

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.