Elevated Capital Advisors LLC Buys Shares of 49,856 Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Elevated Capital Advisors LLC acquired a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 49,856 shares of the company’s stock, valued at approximately $1,037,000.

A number of other large investors also recently modified their holdings of SVOL. ORG Wealth Partners LLC purchased a new position in shares of Simplify Volatility Premium ETF in the third quarter worth $25,000. Partnership Wealth Management LLC purchased a new stake in Simplify Volatility Premium ETF in the 3rd quarter worth $48,000. Iron Horse Wealth Management LLC boosted its holdings in shares of Simplify Volatility Premium ETF by 37.5% during 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 during the last quarter. Farther Finance Advisors LLC bought a new position in shares of Simplify Volatility Premium ETF during the 3rd quarter valued at about $48,000. Finally, Clarity Capital Partners LLC purchased a new position in shares of Simplify Volatility Premium ETF during the third quarter valued at about $297,000.

Simplify Volatility Premium ETF Price Performance

Shares of NYSEARCA:SVOL traded down $0.05 during mid-day trading on Monday, reaching $20.25. The stock had a trading volume of 1,532,715 shares, compared to its average volume of 1,352,505. The business’s 50 day moving average price is $21.44 and its 200 day moving average price is $21.85. Simplify Volatility Premium ETF has a 1 year low of $19.41 and a 1 year 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.