LPL Financial LLC Has $1.36 Million Stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

LPL Financial LLC lifted its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 41.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,548 shares of the company’s stock after purchasing an additional 19,207 shares during the period. LPL Financial LLC owned 0.17% of Simplify Volatility Premium ETF worth $1,363,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Fiduciary Alliance LLC bought a new stake in shares of Simplify Volatility Premium ETF during the fourth quarter worth $825,000. Elevated Capital Advisors LLC bought a new stake in Simplify Volatility Premium ETF during the 4th quarter worth about $1,037,000. Peak Financial Advisors LLC lifted its position in Simplify Volatility Premium ETF by 1.5% during the 4th quarter. Peak Financial Advisors LLC now owns 486,861 shares of the company’s stock valued at $10,122,000 after purchasing an additional 7,306 shares during the period. Decker Retirement Planning Inc. acquired a new position in Simplify Volatility Premium ETF during the 4th quarter valued at about $73,000. Finally, Arkadios Wealth Advisors grew its position in shares of Simplify Volatility Premium ETF by 5.3% during the 4th quarter. Arkadios Wealth Advisors now owns 31,974 shares of the company’s stock worth $665,000 after buying an additional 1,595 shares during the period.

Simplify Volatility Premium ETF Price Performance

SVOL opened at $15.59 on Friday. Simplify Volatility Premium ETF has a fifty-two week low of $13.18 and a fifty-two week high of $23.03. The company has a market cap of $856.36 million, a price-to-earnings ratio of 23.10 and a beta of 0.61. The firm has a 50 day simple moving average of $18.53 and a 200 day simple moving average of $20.42.

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.