Park Edge Advisors LLC Grows Stock Holdings in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Park Edge Advisors LLC increased its position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 92.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,036 shares of the company’s stock after buying an additional 16,798 shares during the period. Park Edge Advisors LLC owned about 0.09% of Simplify Volatility Premium ETF worth $794,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC purchased a new stake in Simplify Volatility Premium ETF during the 4th quarter worth $36,000. SRS Capital Advisors Inc. increased its stake in Simplify Volatility Premium ETF by 103.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,314 shares of the company’s stock worth $53,000 after buying an additional 1,174 shares during the period. Fortitude Family Office LLC purchased a new stake in Simplify Volatility Premium ETF during the 1st quarter worth $84,000. CAP Partners LLC purchased a new stake in Simplify Volatility Premium ETF during the 1st quarter worth $220,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in Simplify Volatility Premium ETF during the 4th quarter worth $342,000.

Simplify Volatility Premium ETF Price Performance

Shares of SVOL traded up $0.04 during midday trading on Thursday, hitting $22.64. The company had a trading volume of 383,664 shares, compared to its average volume of 692,503. The company’s 50 day moving average price is $22.62 and its 200 day moving average price is $22.67. Simplify Volatility Premium ETF has a 52 week low of $21.45 and a 52 week high of $23.25.

About Simplify Volatility Premium ETF

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.