Orion Portfolio Solutions LLC Makes New $341,000 Investment in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Orion Portfolio Solutions LLC bought a new position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,418 shares of the company’s stock, valued at approximately $341,000.

A number of other large investors also recently modified their holdings of SVOL. AlphaStar Capital Management LLC grew its position in shares of Simplify Volatility Premium ETF by 29.5% during the 4th quarter. AlphaStar Capital Management LLC now owns 105,228 shares of the company’s stock valued at $2,188,000 after buying an additional 23,998 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Simplify Volatility Premium ETF during the fourth quarter valued at approximately $518,000. SRS Capital Advisors Inc. grew its holdings in shares of Simplify Volatility Premium ETF by 17.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 8,500 shares of the company’s stock valued at $177,000 after purchasing an additional 1,246 shares during the last quarter. Parkside Investments LLC raised its position in shares of Simplify Volatility Premium ETF by 4.2% during the 4th quarter. Parkside Investments LLC now owns 317,766 shares of the company’s stock worth $6,606,000 after purchasing an additional 12,781 shares during the period. Finally, Sigma Planning Corp lifted its holdings in shares of Simplify Volatility Premium ETF by 70.4% in the 4th quarter. Sigma Planning Corp now owns 26,146 shares of the company’s stock worth $544,000 after purchasing an additional 10,802 shares during the last quarter.

Simplify Volatility Premium ETF Price Performance

Shares of SVOL opened at $13.97 on Wednesday. Simplify Volatility Premium ETF has a 12 month low of $13.18 and a 12 month high of $23.03. The stock has a fifty day moving average price of $19.50 and a 200 day moving average price of $20.78. The company has a market cap of $767.37 million, a P/E ratio of 23.10 and a beta of 0.61.

Simplify Volatility Premium ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.