Park Edge Advisors LLC Has $794,000 Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Park Edge Advisors LLC boosted its position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 92.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,036 shares of the company’s stock after buying an additional 16,798 shares during the quarter. Park Edge Advisors LLC’s holdings in Simplify Volatility Premium ETF were worth $794,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SVOL. Peak Financial Advisors LLC grew its stake in Simplify Volatility Premium ETF by 38.1% in the 4th quarter. Peak Financial Advisors LLC now owns 263,179 shares of the company’s stock valued at $5,995,000 after buying an additional 72,543 shares during the last quarter. Ausdal Financial Partners Inc. grew its position in Simplify Volatility Premium ETF by 7.8% in the 4th quarter. Ausdal Financial Partners Inc. now owns 33,088 shares of the company’s stock worth $754,000 after purchasing an additional 2,400 shares during the last quarter. HBW Advisory Services LLC grew its position in Simplify Volatility Premium ETF by 41.0% in the 4th quarter. HBW Advisory Services LLC now owns 30,357 shares of the company’s stock worth $692,000 after purchasing an additional 8,828 shares during the last quarter. Cambridge Advisors Inc. grew its position in Simplify Volatility Premium ETF by 9.8% in the 4th quarter. Cambridge Advisors Inc. now owns 24,278 shares of the company’s stock worth $553,000 after purchasing an additional 2,170 shares during the last quarter. Finally, Smith Anglin Financial LLC grew its position in Simplify Volatility Premium ETF by 39.3% in the 4th quarter. Smith Anglin Financial LLC now owns 70,758 shares of the company’s stock worth $1,612,000 after purchasing an additional 19,979 shares during the last quarter.

Simplify Volatility Premium ETF Stock Performance

NYSEARCA SVOL traded up $0.04 during midday trading on Thursday, hitting $22.64. The company had a trading volume of 383,664 shares, compared to its average volume of 692,503. The firm has a fifty day simple moving average of $22.62 and a two-hundred day simple moving average of $22.67. Simplify Volatility Premium ETF has a fifty-two week low of $21.45 and a fifty-two week high of $23.25.

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.