Claris Financial LLC Purchases Shares of 48,489 Simplify Volatility Premium ETF $SVOL

Claris Financial LLC purchased a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the fourth quarter, HoldingsChannel reports. The fund purchased 48,489 shares of the company’s stock, valued at approximately $851,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SVOL. Elevated Capital Advisors LLC raised its position in shares of Simplify Volatility Premium ETF by 19.7% during the fourth quarter. Elevated Capital Advisors LLC now owns 413,589 shares of the company’s stock valued at $7,263,000 after buying an additional 67,939 shares during the last quarter. Visionary Wealth Advisors lifted its stake in shares of Simplify Volatility Premium ETF by 14.2% in the second quarter. Visionary Wealth Advisors now owns 189,097 shares of the company’s stock valued at $3,477,000 after buying an additional 23,460 shares during the period. Commonwealth Equity Services LLC grew its position in Simplify Volatility Premium ETF by 1.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 158,792 shares of the company’s stock worth $2,788,000 after buying an additional 1,762 shares in the last quarter. Key Capital Management INC acquired a new stake in Simplify Volatility Premium ETF during the fourth quarter worth about $2,591,000. Finally, Jane Street Group LLC bought a new position in Simplify Volatility Premium ETF during the second quarter valued at about $2,099,000.

Simplify Volatility Premium ETF Stock Up 0.4%

Simplify Volatility Premium ETF stock opened at $16.19 on Friday. The business has a 50 day moving average price of $15.96 and a two-hundred day moving average price of $16.63. The stock has a market cap of $599.52 million, a price-to-earnings ratio of 25.19 and a beta of 0.65. Simplify Volatility Premium ETF has a 12 month low of $15.06 and a 12 month high of $19.50.

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. SVOL was launched on May 12, 2021 and is managed by Simplify.