Arete Wealth Advisors LLC Buys 8,285 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Arete Wealth Advisors LLC lifted its stake in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 10.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,694 shares of the company’s stock after purchasing an additional 8,285 shares during the period. Arete Wealth Advisors LLC’s holdings in Simplify Volatility Premium ETF were worth $1,970,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new stake in shares of Simplify Volatility Premium ETF during the 3rd quarter worth approximately $10,595,000. Napa Wealth Management acquired a new position in shares of Simplify Volatility Premium ETF during the 3rd quarter worth approximately $555,000. CAP Partners LLC increased its holdings in shares of Simplify Volatility Premium ETF by 18.5% during the 3rd quarter. CAP Partners LLC now owns 18,351 shares of the company’s stock worth $403,000 after acquiring an additional 2,861 shares during the last quarter. Drive Wealth Management LLC acquired a new position in shares of Simplify Volatility Premium ETF during the 3rd quarter worth approximately $1,066,000. Finally, Mount Lucas Management LP acquired a new position in shares of Simplify Volatility Premium ETF during the 3rd quarter worth approximately $1,825,000.

Simplify Volatility Premium ETF Price Performance

SVOL stock opened at $21.68 on Friday. Simplify Volatility Premium ETF has a 1-year low of $19.41 and a 1-year high of $23.18. The business’s 50 day simple moving average is $21.68 and its 200 day simple moving average is $22.16.

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.