Simplify Volatility Premium ETF (NYSEARCA:SVOL) Shares Bought by Drive Wealth Management LLC

Drive Wealth Management LLC raised its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,837 shares of the company’s stock after buying an additional 11,295 shares during the quarter. Drive Wealth Management LLC’s holdings in Simplify Volatility Premium ETF were worth $1,244,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new stake in shares of Simplify Volatility Premium ETF during the third quarter worth about $48,000. Park Edge Advisors LLC lifted its position in shares of Simplify Volatility Premium ETF by 17.9% during the third quarter. Park Edge Advisors LLC now owns 50,769 shares of the company’s stock worth $1,115,000 after purchasing an additional 7,693 shares in the last quarter. Smith Anglin Financial LLC lifted its position in shares of Simplify Volatility Premium ETF by 1.8% during the third quarter. Smith Anglin Financial LLC now owns 85,774 shares of the company’s stock worth $1,884,000 after purchasing an additional 1,496 shares in the last quarter. CAP Partners LLC lifted its position in shares of Simplify Volatility Premium ETF by 18.5% during the third quarter. CAP Partners LLC now owns 18,351 shares of the company’s stock worth $403,000 after purchasing an additional 2,861 shares in the last quarter. Finally, Arete Wealth Advisors LLC lifted its position in shares of Simplify Volatility Premium ETF by 10.2% during the third quarter. Arete Wealth Advisors LLC now owns 89,694 shares of the company’s stock worth $1,970,000 after purchasing an additional 8,285 shares in the last quarter.

Simplify Volatility Premium ETF Price Performance

Shares of SVOL opened at $21.70 on Monday. Simplify Volatility Premium ETF has a 1 year low of $19.41 and a 1 year high of $23.03. The company’s 50-day simple moving average is $21.34 and its 200-day simple moving average is $21.74.

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.