Commonwealth Equity Services LLC Sells 39,924 Shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Commonwealth Equity Services LLC decreased its position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 11.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 310,205 shares of the company’s stock after selling 39,924 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.80% of Simplify Volatility Premium ETF worth $6,449,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SVOL. Crewe Advisors LLC bought a new position in Simplify Volatility Premium ETF in the fourth quarter valued at about $27,000. Anfield Capital Management LLC bought a new position in Simplify Volatility Premium ETF in the fourth quarter valued at about $55,000. Decker Retirement Planning Inc. bought a new position in Simplify Volatility Premium ETF in the fourth quarter valued at about $73,000. Whipplewood Advisors LLC bought a new position in Simplify Volatility Premium ETF in the fourth quarter valued at about $94,000. Finally, FSC Wealth Advisors LLC bought a new position in Simplify Volatility Premium ETF in the fourth quarter valued at about $95,000.

Simplify Volatility Premium ETF Stock Up 0.1 %

NYSEARCA SVOL opened at $18.86 on Friday. The stock’s 50-day moving average price is $20.51 and its 200-day moving average price is $21.23. Simplify Volatility Premium ETF has a 52 week low of $17.83 and a 52 week high of $23.03. The company has a market capitalization of $1.04 billion, a P/E ratio of 23.27 and a beta of 0.56.

Simplify Volatility Premium ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 25th were paid a $0.27 dividend. The ex-dividend date was Tuesday, February 25th.

Simplify Volatility Premium ETF 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.