Steward Partners Investment Advisory LLC Takes $518,000 Position in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Steward Partners Investment Advisory LLC purchased a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,933 shares of the company’s stock, valued at approximately $518,000. Steward Partners Investment Advisory LLC owned approximately 0.06% of Simplify Volatility Premium ETF as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Crewe Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF in the fourth quarter valued at $27,000. Farther Finance Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF in the third quarter valued at $48,000. Anfield Capital Management LLC purchased a new position in shares of Simplify Volatility Premium ETF in the fourth quarter valued at $55,000. Decker Retirement Planning Inc. purchased a new position in shares of Simplify Volatility Premium ETF in the fourth quarter valued at $73,000. Finally, Whipplewood Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF in the fourth quarter valued at $94,000.

Simplify Volatility Premium ETF Price Performance

Shares of SVOL stock opened at $18.25 on Thursday. Simplify Volatility Premium ETF has a fifty-two week low of $17.98 and a fifty-two week high of $23.03. The stock has a market cap of $982.76 million, a P/E ratio of 26.21 and a beta of 0.55. The business has a fifty day simple moving average of $20.82 and a 200-day simple moving average of $21.40.

Simplify Volatility Premium ETF Cuts Dividend

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

About Simplify Volatility Premium ETF

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.