FSA Advisors Inc. Takes $1.52 Million Position in Simplify Volatility Premium ETF $SVOL

FSA Advisors Inc. acquired a new stake in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 86,628 shares of the company’s stock, valued at approximately $1,521,000.

Several other hedge funds have also recently modified their holdings of SVOL. Key Capital Management INC acquired a new position in shares of Simplify Volatility Premium ETF during the fourth quarter valued at about $2,591,000. Jane Street Group LLC purchased a new stake in Simplify Volatility Premium ETF in the second quarter valued at approximately $2,099,000. One Capital Management LLC purchased a new stake in Simplify Volatility Premium ETF in the third quarter valued at approximately $1,971,000. Elevated Capital Advisors LLC boosted its position in Simplify Volatility Premium ETF by 19.7% in the fourth quarter. Elevated Capital Advisors LLC now owns 413,589 shares of the company’s stock valued at $7,263,000 after buying an additional 67,939 shares during the last quarter. Finally, Greenberg Financial Group purchased a new stake in Simplify Volatility Premium ETF in the fourth quarter valued at approximately $985,000.

Simplify Volatility Premium ETF Price Performance

Shares of NYSEARCA SVOL opened at $15.86 on Monday. The business’s 50 day moving average price is $15.98 and its 200 day moving average price is $16.99. The firm has a market cap of $587.30 million, a P/E ratio of 25.19 and a beta of 0.65. Simplify Volatility Premium ETF has a 52 week low of $15.06 and a 52 week high of $20.06.

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. SVOL was launched on May 12, 2021 and is managed by Simplify.