Jane Street Group LLC Sells 168,449 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Jane Street Group LLC lessened its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 74.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,674 shares of the company’s stock after selling 168,449 shares during the quarter. Jane Street Group LLC owned about 0.15% of Simplify Volatility Premium ETF worth $1,288,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its holdings in Simplify Volatility Premium ETF by 104.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 272,646 shares of the company’s stock worth $6,124,000 after buying an additional 139,265 shares during the period. Mount Lucas Management LP acquired a new position in shares of Simplify Volatility Premium ETF in the third quarter valued at approximately $1,825,000. Diversify Advisory Services LLC increased its position in shares of Simplify Volatility Premium ETF by 243.6% during the third quarter. Diversify Advisory Services LLC now owns 81,530 shares of the company’s stock worth $1,773,000 after acquiring an additional 57,805 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Simplify Volatility Premium ETF during the second quarter worth $1,195,000. Finally, Drive Wealth Management LLC bought a new stake in Simplify Volatility Premium ETF in the 3rd quarter valued at $1,066,000.

Simplify Volatility Premium ETF Stock Down 1.5 %

SVOL stock opened at $21.06 on Friday. The business has a 50-day moving average of $21.54 and a 200-day moving average of $21.98. Simplify Volatility Premium ETF has a fifty-two week low of $19.41 and a fifty-two week high of $23.14.

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.