Atlas Financial Advisors Inc. Reduces Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Atlas Financial Advisors Inc. lessened its holdings in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 14.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,679 shares of the company’s stock after selling 3,485 shares during the period. Simplify Volatility Premium ETF makes up 0.8% of Atlas Financial Advisors Inc.’s holdings, making the stock its 20th biggest position. Atlas Financial Advisors Inc.’s holdings in Simplify Volatility Premium ETF were worth $464,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SVOL. Fortitude Family Office LLC acquired a new position in shares of Simplify Volatility Premium ETF in the 1st quarter valued at about $84,000. CAP Partners LLC acquired a new stake in shares of Simplify Volatility Premium ETF during the 1st quarter worth approximately $220,000. Janney Montgomery Scott LLC lifted its stake in shares of Simplify Volatility Premium ETF by 42.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,075 shares of the company’s stock valued at $412,000 after purchasing an additional 5,400 shares during the period. Retirement Planning Group LLC purchased a new stake in Simplify Volatility Premium ETF during the second quarter worth $436,000. Finally, CPA Asset Management LLC grew its position in Simplify Volatility Premium ETF by 51.4% during the second quarter. CPA Asset Management LLC now owns 21,062 shares of the company’s stock valued at $473,000 after buying an additional 7,147 shares during the period.

Simplify Volatility Premium ETF Trading Down 1.3 %

Shares of Simplify Volatility Premium ETF stock opened at $21.67 on Friday. The firm has a 50-day simple moving average of $22.27 and a two-hundred day simple moving average of $22.48. Simplify Volatility Premium ETF has a fifty-two week low of $19.41 and a fifty-two week high of $23.22.

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.