Simplify Volatility Premium ETF (NYSEARCA:SVOL) Stock Price Down 4.1%

Simplify Volatility Premium ETF (NYSEARCA:SVOLGet Rating)’s share price dropped 4.1% on Tuesday . The stock traded as low as $22.70 and last traded at $22.71. Approximately 174,628 shares changed hands during mid-day trading, an increase of 124% from the average daily volume of 78,054 shares. The stock had previously closed at $23.67.

The company has a fifty day moving average of $24.06 and a two-hundred day moving average of $25.94.

A number of hedge funds have recently modified their holdings of SVOL. IFP Advisors Inc boosted its stake in Simplify Volatility Premium ETF by 1.6% in the fourth quarter. IFP Advisors Inc now owns 69,261 shares of the company’s stock valued at $1,876,000 after acquiring an additional 1,067 shares during the period. Cambridge Advisors Inc. boosted its stake in Simplify Volatility Premium ETF by 44.3% in the fourth quarter. Cambridge Advisors Inc. now owns 18,699 shares of the company’s stock valued at $505,000 after acquiring an additional 5,743 shares during the period. Boenning & Scattergood Inc. acquired a new position in Simplify Volatility Premium ETF in the fourth quarter valued at approximately $899,000. OLD Mission Capital LLC acquired a new position in Simplify Volatility Premium ETF in the fourth quarter valued at approximately $1,813,000. Finally, Cumberland Partners Ltd acquired a new position in Simplify Volatility Premium ETF in the fourth quarter valued at approximately $3,899,000.

Read More

Receive News & Ratings for Simplify Volatility Premium ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Volatility Premium ETF and related companies with MarketBeat.com's FREE daily email newsletter.