Oppenheimer & Co. Inc. acquired a new stake in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 37,914 shares of the company’s stock, valued at approximately $2,384,000. Oppenheimer & Co. Inc. owned about 0.84% of Simplify Interest Rate Hedge ETF at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of Simplify Interest Rate Hedge ETF during the first quarter valued at approximately $44,000. Integrated Wealth Concepts LLC purchased a new stake in Simplify Interest Rate Hedge ETF in the 2nd quarter worth approximately $87,000. Ball & Co Wealth Management Inc. purchased a new stake in Simplify Interest Rate Hedge ETF in the 1st quarter worth approximately $97,000. Reyes Financial Architecture Inc. grew its stake in Simplify Interest Rate Hedge ETF by 39.6% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,698 shares of the company’s stock worth $107,000 after acquiring an additional 482 shares during the period. Finally, Griffin Asset Management Inc. acquired a new position in Simplify Interest Rate Hedge ETF in the 1st quarter valued at $308,000.
Simplify Interest Rate Hedge ETF Trading Down 1.4%
Shares of PFIX opened at $55.87 on Friday. Simplify Interest Rate Hedge ETF has a fifty-two week low of $41.37 and a fifty-two week high of $68.11. The stock has a fifty day moving average of $56.64 and a two-hundred day moving average of $49.11.
Simplify Interest Rate Hedge ETF Company Profile
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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