Aspen Wealth Strategies LLC Increases Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Aspen Wealth Strategies LLC raised its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 74.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,711 shares of the company’s stock after purchasing an additional 16,529 shares during the period. Aspen Wealth Strategies LLC owned 0.10% of Simplify Volatility Premium ETF worth $805,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SVOL. Legacy Investment Solutions LLC purchased a new position in shares of Simplify Volatility Premium ETF during the third quarter worth approximately $10,595,000. Beacon Capital Management LLC purchased a new position in shares of Simplify Volatility Premium ETF during the fourth quarter worth approximately $8,620,000. Farther Finance Advisors LLC grew its position in shares of Simplify Volatility Premium ETF by 2,421.4% during the fourth quarter. Farther Finance Advisors LLC now owns 55,470 shares of the company’s stock worth $1,153,000 after acquiring an additional 53,270 shares during the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF during the fourth quarter worth approximately $1,037,000. Finally, Drive Wealth Management LLC purchased a new position in shares of Simplify Volatility Premium ETF during the third quarter worth approximately $1,066,000.

Simplify Volatility Premium ETF Trading Up 2.1 %

Shares of SVOL opened at $18.74 on Tuesday. The firm has a market cap of $1.04 billion, a PE ratio of 23.27 and a beta of 0.56. The company’s 50 day simple moving average is $20.66 and its 200-day simple moving average is $21.31. Simplify Volatility Premium ETF has a 12-month low of $17.83 and a 12-month high of $23.03.

Simplify Volatility Premium ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 25th were given a $0.27 dividend. The ex-dividend date of this dividend was 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.