AE Wealth Management LLC Sells 806,227 Shares of Simplify Volatility Premium ETF $SVOL

AE Wealth Management LLC cut its position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 45.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 965,243 shares of the company’s stock after selling 806,227 shares during the quarter. AE Wealth Management LLC owned approximately 2.45% of Simplify Volatility Premium ETF worth $17,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SVOL. Huntington National Bank bought a new position in shares of Simplify Volatility Premium ETF during the 2nd quarter worth approximately $37,000. Root Financial Partners LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the third quarter valued at approximately $50,000. Farther Finance Advisors LLC lifted its holdings in Simplify Volatility Premium ETF by 51.5% during the third quarter. Farther Finance Advisors LLC now owns 3,399 shares of the company’s stock worth $61,000 after acquiring an additional 1,155 shares during the period. Whipplewood Advisors LLC lifted its holdings in Simplify Volatility Premium ETF by 24,705.0% during the second quarter. Whipplewood Advisors LLC now owns 4,961 shares of the company’s stock worth $91,000 after acquiring an additional 4,941 shares during the period. Finally, Allworth Financial LP purchased a new position in Simplify Volatility Premium ETF in the second quarter worth $184,000.

Simplify Volatility Premium ETF Price Performance

Shares of NYSEARCA:SVOL opened at $17.55 on Friday. Simplify Volatility Premium ETF has a 1 year low of $13.18 and a 1 year high of $21.58. The company has a market capitalization of $620.04 million, a PE ratio of 25.19 and a beta of 0.65. The business has a fifty day moving average price of $17.62 and a two-hundred day moving average price of $17.59.

Simplify Volatility Premium ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be issued a dividend of $0.30 per share. This represents a c) dividend on an annualized basis and a yield of 20.5%. The ex-dividend date is Tuesday, January 27th.

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. SVOL was launched on May 12, 2021 and is managed by Simplify.