Beacon Capital Management LLC Makes New $8.62 Million Investment in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Beacon Capital Management LLC bought a new position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the fourth quarter, Holdings Channel reports. The fund bought 414,645 shares of the company’s stock, valued at approximately $8,620,000. Simplify Volatility Premium ETF accounts for 1.1% of Beacon Capital Management LLC’s holdings, making the stock its 15th biggest position.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in Simplify Volatility Premium ETF during the third quarter worth about $48,000. AlphaStar Capital Management LLC raised its stake in Simplify Volatility Premium ETF by 29.5% during the fourth quarter. AlphaStar Capital Management LLC now owns 105,228 shares of the company’s stock worth $2,188,000 after purchasing an additional 23,998 shares during the period. Park Edge Advisors LLC increased its position in shares of Simplify Volatility Premium ETF by 17.9% during the third quarter. Park Edge Advisors LLC now owns 50,769 shares of the company’s stock valued at $1,115,000 after acquiring an additional 7,693 shares during the last quarter. CAP Partners LLC increased its position in shares of Simplify Volatility Premium ETF by 18.5% during the third quarter. CAP Partners LLC now owns 18,351 shares of the company’s stock valued at $403,000 after acquiring an additional 2,861 shares during the last quarter. Finally, Arete Wealth Advisors LLC increased its position in shares of Simplify Volatility Premium ETF by 10.2% during the third quarter. Arete Wealth Advisors LLC now owns 89,694 shares of the company’s stock valued at $1,970,000 after acquiring an additional 8,285 shares during the last quarter.

Simplify Volatility Premium ETF Trading Up 0.3 %

Shares of SVOL opened at $21.50 on Friday. Simplify Volatility Premium ETF has a 1-year low of $19.41 and a 1-year high of $23.03. The firm has a 50-day simple moving average of $21.21 and a two-hundred day simple moving average of $21.62.

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.