Envestnet Asset Management Inc. Acquires Shares of 45,878 Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Envestnet Asset Management Inc. acquired a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,878 shares of the company’s stock, valued at approximately $1,005,000. Envestnet Asset Management Inc. owned 0.70% of Simplify Volatility Premium ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SVOL. Mach 1 Financial Group LLC acquired a new position in shares of Simplify Volatility Premium ETF during the third quarter worth about $149,000. Janney Montgomery Scott LLC acquired a new position in shares of Simplify Volatility Premium ETF during the third quarter worth about $242,000. International Assets Investment Management LLC acquired a new position in shares of Simplify Volatility Premium ETF during the first quarter worth about $487,000. OLD Mission Capital LLC acquired a new position in shares of Simplify Volatility Premium ETF during the third quarter worth about $416,000. Finally, TMD Wealth Management LLC acquired a new position in shares of Simplify Volatility Premium ETF during the fourth quarter worth about $719,000.

Simplify Volatility Premium ETF Trading Up 0.5 %

Shares of Simplify Volatility Premium ETF stock opened at $21.80 on Friday. Simplify Volatility Premium ETF has a 52-week low of $20.55 and a 52-week high of $23.68. The company’s 50-day simple moving average is $21.88 and its 200-day simple moving average is $22.03.

Simplify Volatility Premium ETF Profile

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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.