AlphaCore Capital LLC Takes Position in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

AlphaCore Capital LLC bought a new stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,004 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. FSA Wealth Management LLC grew its holdings in Simplify Volatility Premium ETF by 50.0% during the 4th quarter. FSA Wealth Management LLC now owns 1,500 shares of the company’s stock worth $31,000 after acquiring an additional 500 shares in the last quarter. Iron Horse Wealth Management LLC grew its holdings in Simplify Volatility Premium ETF by 1,250.0% during the 1st quarter. Iron Horse Wealth Management LLC now owns 2,700 shares of the company’s stock worth $49,000 after acquiring an additional 2,500 shares in the last quarter. CWM LLC acquired a new position in Simplify Volatility Premium ETF during the 1st quarter worth $52,000. Park Square Financial Group LLC acquired a new position in Simplify Volatility Premium ETF during the 1st quarter worth $63,000. Finally, JPMorgan Chase & Co. grew its holdings in Simplify Volatility Premium ETF by 11.0% during the 4th quarter. JPMorgan Chase & Co. now owns 8,401 shares of the company’s stock worth $175,000 after acquiring an additional 835 shares in the last quarter.

Simplify Volatility Premium ETF Stock Performance

Simplify Volatility Premium ETF stock opened at $16.86 on Tuesday. The firm’s 50-day moving average is $17.47 and its 200-day moving average is $18.17. Simplify Volatility Premium ETF has a 1 year low of $13.18 and a 1 year high of $22.69. The company has a market cap of $802.20 million, a P/E ratio of 25.19 and a beta of 0.58.

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.