Claris Financial LLC Buys New Stake in Simplify Volatility Premium ETF $SVOL

Claris Financial LLC bought a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 48,489 shares of the company’s stock, valued at approximately $851,000. Claris Financial LLC owned 0.14% of Simplify Volatility Premium ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Key Capital Management INC acquired a new stake in shares of Simplify Volatility Premium ETF in the fourth quarter valued at about $2,591,000. Jane Street Group LLC acquired a new position in shares of Simplify Volatility Premium ETF during the 2nd quarter worth about $2,099,000. One Capital Management LLC bought a new stake in Simplify Volatility Premium ETF during the 3rd quarter valued at approximately $1,971,000. Howard Bailey Securities LLC bought a new stake in Simplify Volatility Premium ETF during the 4th quarter valued at approximately $1,898,000. Finally, FSA Advisors Inc. acquired a new stake in Simplify Volatility Premium ETF in the 4th quarter valued at approximately $1,521,000.

Simplify Volatility Premium ETF Stock Up 0.4%

SVOL opened at $16.19 on Friday. The stock’s 50 day moving average price is $15.96 and its two-hundred day moving average price is $16.63. The firm has a market capitalization of $599.52 million, a P/E ratio of 25.19 and a beta of 0.65. Simplify Volatility Premium ETF has a 12-month low of $15.06 and a 12-month high of $19.50.

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