Sigma Planning Corp Makes New Investment in Simplify Volatility Premium ETF $SVOL

Sigma Planning Corp acquired a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 41,607 shares of the company’s stock, valued at approximately $681,000. Sigma Planning Corp owned about 0.13% of Simplify Volatility Premium ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of SVOL. Strive Financial Group LLC raised its holdings in Simplify Volatility Premium ETF by 25.5% during the second quarter. Strive Financial Group LLC now owns 4,547 shares of the company’s stock valued at $73,000 after buying an additional 925 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in Simplify Volatility Premium ETF during the 1st quarter valued at $156,000. Gaddis Premier Wealth Advisors LLC bought a new position in Simplify Volatility Premium ETF during the first quarter valued at about $161,000. Zazove Associates LLC acquired a new position in shares of Simplify Volatility Premium ETF in the first quarter valued at $167,000. Finally, Koshinski Asset Management Inc. raised its stake in shares of Simplify Volatility Premium ETF by 21.8% in the first quarter. Koshinski Asset Management Inc. now owns 14,328 shares of the company’s stock valued at $220,000 after purchasing an additional 2,562 shares in the last quarter.

Simplify Volatility Premium ETF Stock Down 2.5%

NYSEARCA SVOL opened at $16.06 on Friday. Simplify Volatility Premium ETF has a twelve month low of $15.06 and a twelve month high of $18.03. The stock has a market cap of $503.16 million, a P/E ratio of 25.19 and a beta of 0.65. The company’s 50-day simple moving average is $16.58 and its 200 day simple moving average is $16.34.

Simplify Volatility Premium ETF 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.