Outlook Wealth Advisors LLC acquired a new stake in Simplify Target 15 Distribution ETF (NYSEARCA:XV – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 35,846 shares of the company’s stock, valued at approximately $864,000. Outlook Wealth Advisors LLC owned about 0.81% of Simplify Target 15 Distribution ETF at the end of the most recent quarter.
Several other large investors have also modified their holdings of XV. Simplify Asset Management Inc. increased its holdings in shares of Simplify Target 15 Distribution ETF by 84.1% in the 3rd quarter. Simplify Asset Management Inc. now owns 1,149,406 shares of the company’s stock valued at $27,701,000 after acquiring an additional 525,000 shares during the period. Brookstone Capital Management acquired a new position in Simplify Target 15 Distribution ETF in the third quarter valued at $858,000. SteelPeak Wealth LLC acquired a new position in Simplify Target 15 Distribution ETF in the third quarter valued at $367,000. Winnacle Wealth LLC purchased a new stake in shares of Simplify Target 15 Distribution ETF in the third quarter valued at about $792,000. Finally, Mather Group LLC. purchased a new stake in shares of Simplify Target 15 Distribution ETF in the third quarter valued at about $1,059,000.
Simplify Target 15 Distribution ETF Trading Down 1.0%
Shares of XV opened at $23.62 on Friday. Simplify Target 15 Distribution ETF has a fifty-two week low of $23.40 and a fifty-two week high of $27.47. The firm has a 50-day simple moving average of $24.34 and a 200-day simple moving average of $24.60.
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.
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