Elevated Capital Advisors LLC Trims Stake in Simplify Volatility Premium ETF $SVOL

Elevated Capital Advisors LLC reduced its holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 26.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 304,641 shares of the company’s stock after selling 108,948 shares during the quarter. Simplify Volatility Premium ETF accounts for about 1.2% of Elevated Capital Advisors LLC’s investment portfolio, making the stock its 19th largest position. Elevated Capital Advisors LLC owned 0.82% of Simplify Volatility Premium ETF worth $4,673,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Jane Street Group LLC bought a new position in shares of Simplify Volatility Premium ETF in the second quarter worth approximately $2,099,000. Visionary Wealth Advisors lifted its position in Simplify Volatility Premium ETF by 14.2% during the second quarter. Visionary Wealth Advisors now owns 189,097 shares of the company’s stock valued at $3,477,000 after purchasing an additional 23,460 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in Simplify Volatility Premium ETF in the 3rd quarter worth approximately $523,000. One Capital Management LLC purchased a new position in Simplify Volatility Premium ETF in the 3rd quarter worth approximately $1,971,000. Finally, Wealthcare Advisory Partners LLC grew its stake in Simplify Volatility Premium ETF by 4.5% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 15,652 shares of the company’s stock worth $275,000 after buying an additional 668 shares in the last quarter.

Simplify Volatility Premium ETF Price Performance

Shares of NYSEARCA:SVOL opened at $16.13 on Friday. The company’s fifty day moving average price is $15.99 and its 200-day moving average price is $16.47. The firm has a market capitalization of $539.55 million, a price-to-earnings ratio of 25.19 and a beta of 0.65. Simplify Volatility Premium ETF has a one year low of $15.06 and a one year high of $18.44.

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.