Cumberland Partners Ltd Increases Stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL)

Cumberland Partners Ltd boosted its stake in Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 43.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 360,883 shares of the company’s stock after purchasing an additional 110,000 shares during the period. Cumberland Partners Ltd owned about 2.30% of Simplify Volatility Premium ETF worth $8,152,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Bison Wealth LLC increased its stake in shares of Simplify Volatility Premium ETF by 4.9% during the fourth quarter. Bison Wealth LLC now owns 48,193 shares of the company’s stock valued at $1,098,000 after buying an additional 2,241 shares during the period. Lee Financial Group Hawaii Inc. purchased a new stake in shares of Simplify Volatility Premium ETF during the fourth quarter valued at $548,000. Iron Horse Wealth Management LLC purchased a new position in Simplify Volatility Premium ETF in the fourth quarter worth about $36,000. Smith Anglin Financial LLC raised its stake in shares of Simplify Volatility Premium ETF by 39.3% in the fourth quarter. Smith Anglin Financial LLC now owns 70,758 shares of the company’s stock worth $1,612,000 after buying an additional 19,979 shares during the period. Finally, Cambridge Advisors Inc. raised its stake in shares of Simplify Volatility Premium ETF by 9.8% in the fourth quarter. Cambridge Advisors Inc. now owns 24,278 shares of the company’s stock worth $553,000 after buying an additional 2,170 shares during the period.

Simplify Volatility Premium ETF Stock Up 0.7 %

SVOL traded up $0.17 on Tuesday, hitting $22.39. 720,628 shares of the company’s stock traded hands, compared to its average volume of 668,579. The company’s 50 day simple moving average is $22.57 and its 200-day simple moving average is $22.64. Simplify Volatility Premium ETF has a one year low of $21.42 and a one year high of $23.25.

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.