Prosperity Wealth Management Inc. Has $846,000 Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Prosperity Wealth Management Inc. raised its holdings in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 94.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,554 shares of the company’s stock after buying an additional 22,636 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in Simplify Volatility Premium ETF were worth $846,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Securities Inc. increased its position in shares of Simplify Volatility Premium ETF by 19.0% during the fourth quarter. Principal Securities Inc. now owns 71,342 shares of the company’s stock valued at $1,483,000 after purchasing an additional 11,396 shares during the period. Sheaff Brock Investment Advisors LLC increased its position in shares of Simplify Volatility Premium ETF by 6.4% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 10,000 shares of the company’s stock valued at $208,000 after purchasing an additional 600 shares during the period. Cumberland Partners Ltd increased its position in shares of Simplify Volatility Premium ETF by 3.8% during the fourth quarter. Cumberland Partners Ltd now owns 335,148 shares of the company’s stock valued at $6,968,000 after purchasing an additional 12,204 shares during the period. Compass Capital Corp MA ADV bought a new stake in shares of Simplify Volatility Premium ETF during the fourth quarter valued at approximately $1,002,000. Finally, Sigma Planning Corp increased its position in shares of Simplify Volatility Premium ETF by 70.4% during the fourth quarter. Sigma Planning Corp now owns 26,146 shares of the company’s stock valued at $544,000 after purchasing an additional 10,802 shares during the period.

Simplify Volatility Premium ETF Trading Down 0.1%

SVOL opened at $16.96 on Wednesday. The stock has a market cap of $852.75 million, a PE ratio of 25.19 and a beta of 0.63. Simplify Volatility Premium ETF has a 1 year low of $13.18 and a 1 year high of $22.84. The stock’s 50 day simple moving average is $17.24 and its 200-day simple moving average is $19.22.

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.