Fiduciary Alliance LLC Invests $825,000 in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Fiduciary Alliance LLC bought a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 39,702 shares of the company’s stock, valued at approximately $825,000. Fiduciary Alliance LLC owned approximately 0.10% of Simplify Volatility Premium ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF during the third quarter worth about $48,000. Park Edge Advisors LLC grew its stake in Simplify Volatility Premium ETF by 17.9% during the 3rd quarter. Park Edge Advisors LLC now owns 50,769 shares of the company’s stock worth $1,115,000 after buying an additional 7,693 shares during the last quarter. Smith Anglin Financial LLC increased its position in Simplify Volatility Premium ETF by 1.8% during the third quarter. Smith Anglin Financial LLC now owns 85,774 shares of the company’s stock worth $1,884,000 after buying an additional 1,496 shares during the period. CAP Partners LLC lifted its stake in Simplify Volatility Premium ETF by 18.5% in the third quarter. CAP Partners LLC now owns 18,351 shares of the company’s stock valued at $403,000 after buying an additional 2,861 shares during the last quarter. Finally, Arete Wealth Advisors LLC boosted its holdings in shares of Simplify Volatility Premium ETF by 10.2% in 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 period.

Simplify Volatility Premium ETF Stock Performance

Shares of SVOL opened at $20.25 on Tuesday. The company’s 50 day simple moving average is $21.42 and its 200-day simple moving average is $21.83. Simplify Volatility Premium ETF has a 12-month low of $19.41 and a 12-month high of $23.14.

Simplify Volatility Premium ETF Company 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.