Peak Financial Advisors LLC Buys 7,306 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Peak Financial Advisors LLC lifted its stake in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 486,861 shares of the company’s stock after acquiring an additional 7,306 shares during the period. Simplify Volatility Premium ETF accounts for approximately 5.3% of Peak Financial Advisors LLC’s portfolio, making the stock its 5th biggest position. Peak Financial Advisors LLC owned about 1.25% of Simplify Volatility Premium ETF worth $10,122,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF in the fourth quarter valued at approximately $1,037,000. Fiduciary Alliance LLC purchased a new position in shares of Simplify Volatility Premium ETF during the fourth quarter worth about $825,000. Arete Wealth Advisors LLC boosted its position in shares of Simplify Volatility Premium ETF by 10.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 89,694 shares of the company’s stock valued at $1,970,000 after purchasing an additional 8,285 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Simplify Volatility Premium ETF during the third quarter worth approximately $10,595,000. Finally, Napa Wealth Management acquired a new position in shares of Simplify Volatility Premium ETF in the 3rd quarter valued at $555,000.

Simplify Volatility Premium ETF Price Performance

Shares of Simplify Volatility Premium ETF stock opened at $20.69 on Wednesday. The company’s fifty day moving average is $21.40 and its two-hundred day moving average is $21.81. Simplify Volatility Premium ETF has a 1 year low of $19.41 and a 1 year high of $23.14.

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.