CreativeOne Wealth LLC Boosts Stake in Simplify Target 15 Distribution ETF $XV

CreativeOne Wealth LLC grew its position in shares of Simplify Target 15 Distribution ETF (NYSEARCA:XV) by 26.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,557 shares of the company’s stock after buying an additional 32,405 shares during the quarter. CreativeOne Wealth LLC owned 6.43% of Simplify Target 15 Distribution ETF worth $4,139,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookwood Investment Group LLC purchased a new stake in shares of Simplify Target 15 Distribution ETF during the third quarter valued at approximately $859,000. Mid American Wealth Advisory Group Inc. purchased a new position in Simplify Target 15 Distribution ETF in the third quarter worth $415,000. Envestnet Asset Management Inc. purchased a new position in Simplify Target 15 Distribution ETF in the third quarter worth $235,000. Islay Capital Management LLC bought a new position in Simplify Target 15 Distribution ETF in the 3rd quarter valued at $74,000. Finally, Evolution Wealth Management Inc. bought a new position in Simplify Target 15 Distribution ETF in the 3rd quarter valued at $39,000.

Simplify Target 15 Distribution ETF Stock Down 1.4%

Shares of Simplify Target 15 Distribution ETF stock opened at $24.35 on Monday. Simplify Target 15 Distribution ETF has a 1 year low of $24.14 and a 1 year high of $27.47. The stock has a fifty day moving average price of $25.26 and a 200-day moving average price of $26.15.

Simplify Target 15 Distribution ETF Company Profile

The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.