MVPL - Miller Value Partners Leverage ETF
The fund is an actively-managed exchanged-traded fund (“ETF”) that seeks to achieve its investment objective by investing in ETFs that provide unleveraged or leveraged exposure to the S&P 500 Index, depending on trading signals from proprietary models used by the fund’s investment adviser, Miller Value Partners, LLC (the “Adviser”), to implement the fund’s investment strategy. When the adviser’s trading signals indicate that the fund should be in an unleveraged (or “leverage off”) position, the fund will invest its assets in an ETF that seeks to track the performance of the index.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $23.2M
- Beta
- 1.82
- 52-Week Range
- 28.785-43.18
- Dividend Yield
- $0.40
- IPO Date
- Feb 28, 2024
- Exchange
- AMEX
MVPL Options Snapshot
Options pricing data for MVPL is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The MVPL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked MVPL overview questions
- What is MVPL?
- MVPL is the ticker symbol for Miller Value Partners Leverage ETF, an listed exchange-traded fund. The fund is an actively-managed exchanged-traded fund (“ETF”) that seeks to achieve its investment objective by investing in ETFs that provide unleveraged or leveraged exposure to the S&P 500 Index, depending on trading signals from proprietary models used by the fund’s investment adviser, Miller Value Partners, LLC (the “Adviser”), to implement the fund’s investment strategy. When the adviser’s trading signals indicate that the fund should be in an unleveraged (or “leverage off”) position, the fund will invest its assets in an ETF that seeks to track the performance of the index. Listed on AMEX. MVPL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are MVPL's key statistics?
- Miller Value Partners Leverage ETF (MVPL) carries a market capitalization of $23.2M, 52-week range of 28.785-43.18. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does MVPL belong to?
- Miller Value Partners Leverage ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MVPL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MVPL data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for MVPL, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.