Cwm LLC Sells 3,960 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Cwm LLC cut its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 20.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,787 shares of the company’s stock after selling 3,960 shares during the period. Cwm LLC owned about 0.10% of Simplify Volatility Premium ETF worth $360,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. AlphaStar Capital Management LLC purchased a new stake in Simplify Volatility Premium ETF in the third quarter worth about $1,789,000. Peak Financial Advisors LLC lifted its stake in Simplify Volatility Premium ETF by 38.1% in the fourth quarter. Peak Financial Advisors LLC now owns 263,179 shares of the company’s stock worth $5,995,000 after acquiring an additional 72,543 shares during the period. Lee Financial Group Hawaii Inc. purchased a new stake in Simplify Volatility Premium ETF in the fourth quarter worth about $548,000. Smith Anglin Financial LLC lifted its stake in Simplify Volatility Premium ETF by 39.3% in the fourth quarter. Smith Anglin Financial LLC now owns 70,758 shares of the company’s stock worth $1,612,000 after acquiring an additional 19,979 shares during the period. Finally, EPG Wealth Management LLC purchased a new stake in shares of Simplify Volatility Premium ETF during the third quarter valued at about $305,000.

Simplify Volatility Premium ETF Price Performance

SVOL stock opened at $22.32 on Friday. The firm has a 50-day simple moving average of $22.50 and a two-hundred day simple moving average of $22.63. Simplify Volatility Premium ETF has a one year low of $21.42 and a one year high of $23.25.

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.