AE Wealth Management LLC Sells 200,836 Shares of Simplify Volatility Premium ETF $SVOL

AE Wealth Management LLC trimmed its holdings in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 20.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 764,407 shares of the company’s stock after selling 200,836 shares during the period. AE Wealth Management LLC owned approximately 2.16% of Simplify Volatility Premium ETF worth $13,423,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SVOL. Jane Street Group LLC acquired a new stake in shares of Simplify Volatility Premium ETF during the 2nd quarter worth about $2,099,000. Visionary Wealth Advisors increased its position in shares of Simplify Volatility Premium ETF by 14.2% during the 2nd quarter. Visionary Wealth Advisors now owns 189,097 shares of the company’s stock worth $3,477,000 after purchasing an additional 23,460 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Simplify Volatility Premium ETF by 51.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,399 shares of the company’s stock worth $61,000 after purchasing an additional 1,155 shares in the last quarter. Tactive Advisors LLC increased its position in Simplify Volatility Premium ETF by 16.3% in the 3rd quarter. Tactive Advisors LLC now owns 114,997 shares of the company’s stock valued at $2,070,000 after acquiring an additional 16,095 shares in the last quarter. Finally, Discipline Wealth Solutions LLC acquired a new stake in Simplify Volatility Premium ETF in the 3rd quarter valued at about $818,000.

Simplify Volatility Premium ETF Trading Down 0.4%

SVOL opened at $15.93 on Friday. The stock has a market capitalization of $596.90 million, a PE ratio of 25.19 and a beta of 0.66. Simplify Volatility Premium ETF has a 1-year low of $14.40 and a 1-year high of $20.06. The firm has a 50-day moving average price of $16.19 and a two-hundred day moving average price of $17.12.

Simplify Volatility Premium ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a $0.30 dividend. This represents a c) annualized dividend and a yield of 22.6%. The ex-dividend date was Tuesday, February 24th.

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