Outlook Wealth Advisors LLC Buys 35,846 Shares of Simplify Target 15 Distribution ETF $XV

Outlook Wealth Advisors LLC purchased a new position in shares of Simplify Target 15 Distribution ETF (NYSEARCA:XV) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 35,846 shares of the company’s stock, valued at approximately $864,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthCare Asset Management LLC acquired a new stake in shares of Simplify Target 15 Distribution ETF in the first quarter valued at about $248,000. Legacy Wealth Managment LLC ID boosted its holdings in Simplify Target 15 Distribution ETF by 3,112.1% during the second quarter. Legacy Wealth Managment LLC ID now owns 11,917 shares of the company’s stock worth $295,000 after buying an additional 11,546 shares in the last quarter. SteelPeak Wealth LLC purchased a new stake in Simplify Target 15 Distribution ETF during the third quarter worth about $367,000. Winnacle Wealth LLC purchased a new stake in Simplify Target 15 Distribution ETF during the third quarter worth about $792,000. Finally, Brookstone Capital Management purchased a new stake in Simplify Target 15 Distribution ETF during the third quarter worth about $858,000.

Simplify Target 15 Distribution ETF Stock Performance

Shares of XV opened at $23.62 on Friday. The firm’s 50-day moving average is $24.34 and its two-hundred day moving average is $24.60. Simplify Target 15 Distribution ETF has a twelve month low of $23.40 and a twelve month high of $27.47.

Simplify Target 15 Distribution ETF Company Profile

The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.