Bank of America Corp DE Has $646,000 Stock Position in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Bank of America Corp DE lowered its position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 22.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,065 shares of the company’s stock after selling 8,984 shares during the quarter. Bank of America Corp DE owned 0.08% of Simplify Volatility Premium ETF worth $646,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. FSA Wealth Management LLC boosted its holdings in shares of Simplify Volatility Premium ETF by 50.0% in the 4th quarter. FSA Wealth Management LLC now owns 1,500 shares of the company’s stock valued at $31,000 after buying an additional 500 shares during the last quarter. Anfield Capital Management LLC bought a new position in shares of Simplify Volatility Premium ETF in the fourth quarter worth $55,000. Whipplewood Advisors LLC bought a new position in shares of Simplify Volatility Premium ETF in the fourth quarter worth $94,000. JPMorgan Chase & Co. increased its position in shares of Simplify Volatility Premium ETF by 11.0% in the fourth quarter. JPMorgan Chase & Co. now owns 8,401 shares of the company’s stock worth $175,000 after purchasing an additional 835 shares during the period. Finally, SRS Capital Advisors Inc. increased its position in shares of Simplify Volatility Premium ETF by 17.2% in the fourth quarter. SRS Capital Advisors Inc. now owns 8,500 shares of the company’s stock worth $177,000 after purchasing an additional 1,246 shares during the period.

Simplify Volatility Premium ETF Stock Up 0.1%

NYSEARCA:SVOL opened at $17.79 on Tuesday. The stock’s 50-day simple moving average is $17.00 and its 200 day simple moving average is $19.38. The firm has a market capitalization of $894.48 million, a PE ratio of 25.19 and a beta of 0.63. Simplify Volatility Premium ETF has a twelve month low of $13.18 and a twelve month high of $22.84.

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.