Principal Securities Inc. Grows Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Principal Securities Inc. raised its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,342 shares of the company’s stock after buying an additional 11,396 shares during the period. Principal Securities Inc.’s holdings in Simplify Volatility Premium ETF were worth $1,483,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Crewe Advisors LLC purchased a new position in Simplify Volatility Premium ETF during the 4th quarter valued at about $27,000. Farther Finance Advisors LLC purchased a new position in shares of Simplify Volatility Premium ETF during the 3rd quarter worth approximately $48,000. Iron Horse Wealth Management LLC increased its stake in shares of Simplify Volatility Premium ETF by 37.5% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 2,200 shares of the company’s stock worth $48,000 after purchasing an additional 600 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Simplify Volatility Premium ETF during the 4th quarter worth approximately $73,000. Finally, FSC Wealth Advisors LLC purchased a new stake in Simplify Volatility Premium ETF in the 4th quarter valued at approximately $95,000.

Simplify Volatility Premium ETF Price Performance

Simplify Volatility Premium ETF stock opened at $21.48 on Wednesday. Simplify Volatility Premium ETF has a fifty-two week low of $19.41 and a fifty-two week high of $23.03. The stock has a fifty day moving average of $21.19 and a two-hundred day moving average of $21.61.

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.