37,914 Shares of Simplify Interest Rate Hedge ETF $PFIX Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) in the 3rd quarter, Holdings Channel reports. The firm purchased 37,914 shares of the company’s stock, valued at approximately $2,384,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Simplify Interest Rate Hedge ETF by 2,725.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 15,684 shares of the company’s stock worth $986,000 after acquiring an additional 15,129 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in Simplify Interest Rate Hedge ETF in the third quarter valued at approximately $912,000. CVS HEALTH Corp purchased a new stake in Simplify Interest Rate Hedge ETF in the first quarter valued at approximately $670,000. Anchor Investment Management LLC increased its position in Simplify Interest Rate Hedge ETF by 121.6% during the first quarter. Anchor Investment Management LLC now owns 20,445 shares of the company’s stock worth $945,000 after purchasing an additional 11,220 shares during the last quarter. Finally, FSA Investment Group LLC increased its position in Simplify Interest Rate Hedge ETF by 36.4% during the third quarter. FSA Investment Group LLC now owns 41,485 shares of the company’s stock worth $2,609,000 after purchasing an additional 11,063 shares during the last quarter.

Simplify Interest Rate Hedge ETF Stock Down 1.4%

NYSEARCA: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 firm’s 50 day moving average is $56.64 and its two-hundred day moving average is $49.11.

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.