Cambridge Advisors Inc. Lowers Holdings in Simplify Volatility Premium ETF $SVOL

Cambridge Advisors Inc. trimmed its holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 3.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 48,288 shares of the company’s stock after selling 1,922 shares during the period. Cambridge Advisors Inc.’s holdings in Simplify Volatility Premium ETF were worth $888,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. FSA Advisors Inc. lifted its position in shares of Simplify Volatility Premium ETF by 141.4% in the first quarter. FSA Advisors Inc. now owns 74,813 shares of the company’s stock valued at $1,360,000 after acquiring an additional 43,818 shares in the last quarter. Luminist Capital LLC lifted its position in shares of Simplify Volatility Premium ETF by 9.8% in the first quarter. Luminist Capital LLC now owns 23,379 shares of the company’s stock valued at $428,000 after acquiring an additional 2,084 shares in the last quarter. Decker Retirement Planning Inc. lifted its position in shares of Simplify Volatility Premium ETF by 424.8% in the first quarter. Decker Retirement Planning Inc. now owns 18,440 shares of the company’s stock valued at $335,000 after acquiring an additional 14,926 shares in the last quarter. Parkside Investments LLC lifted its position in shares of Simplify Volatility Premium ETF by 20.7% in the first quarter. Parkside Investments LLC now owns 383,495 shares of the company’s stock valued at $6,972,000 after acquiring an additional 65,729 shares in the last quarter. Finally, Prosperity Wealth Management Inc. lifted its position in shares of Simplify Volatility Premium ETF by 94.6% in the first quarter. Prosperity Wealth Management Inc. now owns 46,554 shares of the company’s stock valued at $846,000 after acquiring an additional 22,636 shares in the last quarter.

Simplify Volatility Premium ETF Stock Down 2.3%

Shares of Simplify Volatility Premium ETF stock opened at $17.77 on Friday. The stock’s 50-day simple moving average is $17.49 and its 200-day simple moving average is $17.47. Simplify Volatility Premium ETF has a 52 week low of $13.18 and a 52 week high of $22.12. The company has a market capitalization of $845.50 million, a price-to-earnings ratio of 25.19 and a beta of 0.58.

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.