CPA Asset Management LLC Acquires 751 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

CPA Asset Management LLC lifted its holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,955 shares of the company’s stock after acquiring an additional 751 shares during the period. CPA Asset Management LLC owned 0.10% of Simplify Volatility Premium ETF worth $810,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SVOL. Arkadios Wealth Advisors purchased a new stake in shares of Simplify Volatility Premium ETF in the third quarter worth about $667,000. Diversify Advisory Services LLC lifted its position in shares of Simplify Volatility Premium ETF by 243.6% in the third quarter. Diversify Advisory Services LLC now owns 81,530 shares of the company’s stock worth $1,773,000 after buying an additional 57,805 shares in the last quarter. Andina Capital Management LLC lifted its position in shares of Simplify Volatility Premium ETF by 8.8% in the third quarter. Andina Capital Management LLC now owns 56,467 shares of the company’s stock worth $1,240,000 after buying an additional 4,562 shares in the last quarter. Atlas Financial Advisors Inc. lifted its position in shares of Simplify Volatility Premium ETF by 10.3% in the third 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 in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Simplify Volatility Premium ETF in the third quarter worth about $48,000.

Simplify Volatility Premium ETF Trading Down 1.9 %

NYSEARCA:SVOL opened at $20.68 on Wednesday. The company has a market capitalization of $1.11 billion, a P/E ratio of 26.21 and a beta of 0.55. Simplify Volatility Premium ETF has a 12 month low of $19.41 and a 12 month high of $23.03. The business’s 50-day moving average is $21.14 and its 200 day moving average is $21.62.

Simplify Volatility Premium ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, February 25th.

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.