HBW Advisory Services LLC Trims Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

HBW Advisory Services LLC lessened its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 24.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,217 shares of the company’s stock after selling 7,362 shares during the period. HBW Advisory Services LLC’s holdings in Simplify Volatility Premium ETF were worth $462,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC raised its stake in shares of Simplify Volatility Premium ETF by 37.5% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 2,200 shares of the company’s stock valued at $48,000 after purchasing an additional 600 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in Simplify Volatility Premium ETF during the third quarter valued at approximately $25,000. Smith Anglin Financial LLC lifted its holdings in Simplify Volatility Premium ETF by 1.8% during the 3rd quarter. Smith Anglin Financial LLC now owns 85,774 shares of the company’s stock worth $1,884,000 after buying an additional 1,496 shares during the last quarter. Atlas Financial Advisors Inc. lifted its holdings in Simplify Volatility Premium ETF by 10.3% during the 3rd quarter. Atlas Financial Advisors Inc. now owns 22,807 shares of the company’s stock worth $501,000 after buying an additional 2,128 shares during the last quarter. Finally, Partnership Wealth Management LLC acquired a new position in shares of Simplify Volatility Premium ETF in the 3rd quarter worth approximately $48,000.

Simplify Volatility Premium ETF Trading Down 2.5 %

Shares of NYSEARCA SVOL opened at $20.30 on Friday. The business has a 50 day simple moving average of $21.44 and a 200-day simple moving average of $21.85. Simplify Volatility Premium ETF has a twelve month low of $19.41 and a twelve month high of $23.14.

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.