Owen LaRue LLC Buys 44,784 Shares of Simplify Volatility Premium ETF $SVOL

Owen LaRue LLC boosted its stake in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 35.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 171,280 shares of the company’s stock after purchasing an additional 44,784 shares during the period. Simplify Volatility Premium ETF comprises about 1.2% of Owen LaRue LLC’s investment portfolio, making the stock its 23rd biggest position. Owen LaRue LLC’s holdings in Simplify Volatility Premium ETF were worth $3,083,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Huntington National Bank bought a new position in shares of Simplify Volatility Premium ETF in the second quarter worth about $37,000. Root Financial Partners LLC purchased a new stake in Simplify Volatility Premium ETF in the 3rd quarter worth approximately $50,000. Farther Finance Advisors LLC raised its stake in Simplify Volatility Premium ETF by 51.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,399 shares of the company’s stock worth $61,000 after acquiring an additional 1,155 shares during the period. Whipplewood Advisors LLC raised its stake in Simplify Volatility Premium ETF by 24,705.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 4,961 shares of the company’s stock worth $91,000 after acquiring an additional 4,941 shares during the period. Finally, Allworth Financial LP purchased a new position in Simplify Volatility Premium ETF during the second quarter valued at approximately $184,000.

Simplify Volatility Premium ETF Price Performance

SVOL opened at $17.83 on Friday. The company has a 50 day simple moving average of $17.57 and a two-hundred day simple moving average of $17.59. The firm has a market cap of $629.93 million, a P/E ratio of 25.19 and a beta of 0.65. Simplify Volatility Premium ETF has a 1-year low of $13.18 and a 1-year high of $21.79.

Simplify Volatility Premium ETF Company 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. SVOL was launched on May 12, 2021 and is managed by Simplify.