32,877 Shares of Simplify Target 15 Distribution ETF $XV Purchased by Winnacle Wealth LLC

Winnacle Wealth LLC acquired a new stake in shares of Simplify Target 15 Distribution ETF (NYSEARCA:XV) in the third quarter, Holdings Channel reports. The fund acquired 32,877 shares of the company’s stock, valued at approximately $792,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of Simplify Target 15 Distribution ETF in the third quarter worth approximately $1,059,000. Envestnet Asset Management Inc. lifted its position in shares of Simplify Target 15 Distribution ETF by 48.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 263,327 shares of the company’s stock valued at $6,525,000 after acquiring an additional 85,719 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its position in shares of Simplify Target 15 Distribution ETF by 3,112.1% in the 2nd quarter. Legacy Wealth Managment LLC ID now owns 11,917 shares of the company’s stock valued at $295,000 after acquiring an additional 11,546 shares in the last quarter. WealthCare Asset Management LLC purchased a new stake in shares of Simplify Target 15 Distribution ETF in the 1st quarter valued at approximately $248,000. Finally, Brookstone Capital Management acquired a new position in Simplify Target 15 Distribution ETF in the 1st quarter worth approximately $358,000.

Simplify Target 15 Distribution ETF Trading Down 1.0%

NYSEARCA XV opened at $23.85 on Thursday. Simplify Target 15 Distribution ETF has a twelve month low of $23.40 and a twelve month high of $27.47. The firm’s 50 day moving average price is $24.57 and its two-hundred day moving average price is $24.54.

Simplify Target 15 Distribution ETF 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.