Cumberland Partners Ltd Has $6.97 Million Stock Position in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Cumberland Partners Ltd increased its holdings in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 3.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 335,148 shares of the company’s stock after purchasing an additional 12,204 shares during the period. Cumberland Partners Ltd owned 0.86% of Simplify Volatility Premium ETF worth $6,968,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Legacy Investment Solutions LLC acquired a new stake in shares of Simplify Volatility Premium ETF during the 3rd quarter worth about $10,595,000. Beacon Capital Management LLC bought a new position in Simplify Volatility Premium ETF in the 4th quarter valued at about $8,620,000. Mount Lucas Management LP acquired a new stake in Simplify Volatility Premium ETF during the third quarter worth approximately $1,825,000. Diversify Advisory Services LLC lifted its position in Simplify Volatility Premium ETF by 243.6% during the third quarter. Diversify Advisory Services LLC now owns 81,530 shares of the company’s stock worth $1,773,000 after acquiring an additional 57,805 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of Simplify Volatility Premium ETF during the fourth quarter worth approximately $1,037,000.

Simplify Volatility Premium ETF Trading Up 0.5 %

Shares of NYSEARCA SVOL opened at $21.58 on Thursday. The business’s 50 day moving average is $21.19 and its 200-day moving average is $21.61. Simplify Volatility Premium ETF has a 1-year low of $19.41 and a 1-year high of $23.03.

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.