Smith Anglin Financial LLC Has $1.67 Million Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Smith Anglin Financial LLC lessened its holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,329 shares of the company’s stock after selling 5,445 shares during the quarter. Smith Anglin Financial LLC owned approximately 0.21% of Simplify Volatility Premium ETF worth $1,670,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Iron Horse Wealth Management LLC raised its stake in shares of Simplify Volatility Premium ETF by 37.5% during the third quarter. Iron Horse Wealth Management LLC now owns 2,200 shares of the company’s stock valued at $48,000 after acquiring an additional 600 shares during the last quarter. ORG Wealth Partners LLC bought a new position in Simplify Volatility Premium ETF during the 3rd quarter worth $25,000. Atlas Financial Advisors Inc. lifted its holdings in Simplify Volatility Premium ETF by 10.3% during the 3rd quarter. Atlas Financial Advisors Inc. now owns 22,807 shares of the company’s stock worth $501,000 after buying an additional 2,128 shares during the period. Partnership Wealth Management LLC acquired a new position in Simplify Volatility Premium ETF during the 3rd quarter worth about $48,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of Simplify Volatility Premium ETF in the 3rd quarter valued at about $48,000.

Simplify Volatility Premium ETF Stock Performance

Shares of SVOL opened at $20.69 on Wednesday. The business has a 50-day moving average of $21.40 and a 200-day moving average of $21.81. Simplify Volatility Premium ETF has a 1 year low of $19.41 and a 1 year high of $23.14.

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.