Legacy Wealth Managment LLC ID Has $719,000 Stock Position in Simplify Volatility Premium ETF $SVOL

Legacy Wealth Managment LLC ID reduced its position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 55.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,796 shares of the company’s stock after selling 55,109 shares during the period. Legacy Wealth Managment LLC ID owned 0.14% of Simplify Volatility Premium ETF worth $719,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Visionary Wealth Advisors lifted its position in Simplify Volatility Premium ETF by 14.2% during the 2nd quarter. Visionary Wealth Advisors now owns 189,097 shares of the company’s stock worth $3,477,000 after acquiring an additional 23,460 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Simplify Volatility Premium ETF by 1.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 158,792 shares of the company’s stock valued at $2,788,000 after purchasing an additional 1,762 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Simplify Volatility Premium ETF in the second quarter worth about $2,099,000. One Capital Management LLC bought a new position in shares of Simplify Volatility Premium ETF in the third quarter worth about $1,971,000. Finally, Howard Bailey Securities LLC acquired a new position in shares of Simplify Volatility Premium ETF during the 4th quarter worth about $1,898,000.

Simplify Volatility Premium ETF Stock Performance

NYSEARCA SVOL opened at $16.66 on Friday. The stock has a 50-day simple moving average of $16.14 and a 200 day simple moving average of $16.07. Simplify Volatility Premium ETF has a twelve month low of $15.06 and a twelve month high of $18.41. The stock has a market capitalization of $550.28 million, a PE ratio of 25.19 and a beta of 0.65.

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.