Blackston Financial Advisory Group LLC Purchases New Shares in Simplify Volatility Premium ETF $SVOL

Blackston Financial Advisory Group LLC acquired a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 51,324 shares of the company’s stock, valued at approximately $944,000.

Several other hedge funds have also modified their holdings of the company. Huntington National Bank purchased a new position in shares of Simplify Volatility Premium ETF in the 2nd quarter valued at about $37,000. Iron Horse Wealth Management LLC increased its position in shares of Simplify Volatility Premium ETF by 1,250.0% in the first quarter. Iron Horse Wealth Management LLC now owns 2,700 shares of the company’s stock valued at $49,000 after buying an additional 2,500 shares in the last quarter. CWM LLC acquired a new position in shares of Simplify Volatility Premium ETF during the 1st quarter worth approximately $52,000. AlphaCore Capital LLC acquired a new position in shares of Simplify Volatility Premium ETF during the 1st quarter worth approximately $55,000. Finally, Whipplewood Advisors LLC lifted its position in shares of Simplify Volatility Premium ETF by 24,705.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 4,961 shares of the company’s stock valued at $91,000 after buying an additional 4,941 shares in the last quarter.

Simplify Volatility Premium ETF Stock Performance

Simplify Volatility Premium ETF stock opened at $17.37 on Monday. The stock has a market capitalization of $680.04 million, a P/E ratio of 25.19 and a beta of 0.65. The company’s fifty day moving average price is $17.81 and its 200 day moving average price is $17.63. Simplify Volatility Premium ETF has a 1 year low of $13.18 and a 1 year high of $21.98.

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.