Aspen Wealth Strategies LLC Boosts Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Aspen Wealth Strategies LLC raised its holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 74.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 38,711 shares of the company’s stock after acquiring an additional 16,529 shares during the period. Aspen Wealth Strategies LLC’s holdings in Simplify Volatility Premium ETF were worth $805,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Crewe Advisors LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $27,000. Anfield Capital Management LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $55,000. Decker Retirement Planning Inc. purchased a new stake in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $73,000. Whipplewood Advisors LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $94,000. Finally, FSC Wealth Advisors LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $95,000.

Simplify Volatility Premium ETF Stock Performance

Shares of NYSEARCA:SVOL opened at $18.74 on Tuesday. Simplify Volatility Premium ETF has a 1 year low of $17.83 and a 1 year high of $23.03. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.27 and a beta of 0.56. The stock has a 50-day simple moving average of $20.66 and a 200-day simple moving average of $21.31.

Simplify Volatility Premium ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 25th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, February 25th.

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.