HighTower Advisors LLC acquired a new position in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 23,140 shares of the company’s stock, valued at approximately $1,109,000.
Other hedge funds also recently made changes to their positions in the company. Savvy Advisors Inc. purchased a new position in shares of Simplify Interest Rate Hedge ETF during the fourth quarter worth about $536,000. Choreo LLC purchased a new position in shares of Simplify Interest Rate Hedge ETF during the third quarter worth about $629,000. Trek Financial LLC purchased a new position in shares of Simplify Interest Rate Hedge ETF during the fourth quarter worth about $11,986,000. Ausdal Financial Partners Inc. grew its holdings in shares of Simplify Interest Rate Hedge ETF by 599.5% during the third quarter. Ausdal Financial Partners Inc. now owns 86,032 shares of the company’s stock worth $4,144,000 after buying an additional 73,733 shares during the last quarter. Finally, Advyzon Investment Management LLC grew its holdings in shares of Simplify Interest Rate Hedge ETF by 196.3% during the third quarter. Advyzon Investment Management LLC now owns 61,855 shares of the company’s stock worth $2,980,000 after buying an additional 40,982 shares during the last quarter.
Simplify Interest Rate Hedge ETF Price Performance
NYSEARCA PFIX opened at $46.74 on Friday. Simplify Interest Rate Hedge ETF has a 52-week low of $41.45 and a 52-week high of $61.20. The business’s 50-day moving average price is $46.93 and its 200 day moving average price is $46.76.
About Simplify Interest Rate Hedge ETF
The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is managed by Simplify.
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Want to see what other hedge funds are holding PFIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report).
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