Whipplewood Advisors LLC Invests $94,000 in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Whipplewood Advisors LLC acquired a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,516 shares of the company’s stock, valued at approximately $94,000.

A number of other institutional investors have also made changes to their positions in SVOL. Farther Finance Advisors LLC acquired a new stake in Simplify Volatility Premium ETF during the third quarter worth about $48,000. AlphaStar Capital Management LLC grew its position 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 buying an additional 23,998 shares in the last quarter. Arete Wealth Advisors LLC grew its position in 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 worth $1,970,000 after buying an additional 8,285 shares in the last quarter. CAP Partners LLC grew its position in Simplify Volatility Premium ETF by 18.5% during the third quarter. CAP Partners LLC now owns 18,351 shares of the company’s stock worth $403,000 after buying an additional 2,861 shares in the last quarter. Finally, Parkside Investments LLC grew its position in Simplify Volatility Premium ETF by 4.2% during the fourth quarter. Parkside Investments LLC now owns 317,766 shares of the company’s stock worth $6,606,000 after buying an additional 12,781 shares in the last quarter.

Simplify Volatility Premium ETF Stock Up 1.8 %

SVOL stock opened at $20.61 on Friday. Simplify Volatility Premium ETF has a twelve month low of $19.41 and a twelve month high of $23.03. The company has a market cap of $1.11 billion, a PE ratio of 26.21 and a beta of 0.55. The business’s 50-day simple moving average is $21.13 and its 200 day simple moving average is $21.59.

Simplify Volatility Premium ETF Cuts Dividend

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

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.