Pekin Hardy Strauss Inc. Purchases 46,585 Shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF $KNRG

Pekin Hardy Strauss Inc. acquired a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) during the 3rd quarter, Holdings Channel reports. The fund acquired 46,585 shares of the company’s stock, valued at approximately $1,161,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mosley Wealth Management grew its stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 184.7% in the 3rd quarter. Mosley Wealth Management now owns 69,788 shares of the company’s stock valued at $1,754,000 after acquiring an additional 45,275 shares during the last quarter. Moody National Bank Trust Division purchased a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 3rd quarter valued at about $871,000. HB Wealth Management LLC purchased a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 1st quarter valued at about $808,000. Axxcess Wealth Management LLC raised its position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 26.1% during the third quarter. Axxcess Wealth Management LLC now owns 136,661 shares of the company’s stock worth $3,407,000 after acquiring an additional 28,284 shares during the last quarter. Finally, SteelPeak Wealth LLC raised its position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 92.7% during the third quarter. SteelPeak Wealth LLC now owns 37,584 shares of the company’s stock worth $937,000 after acquiring an additional 18,080 shares during the last quarter.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Down 0.0%

Shares of NYSEARCA KNRG traded down $0.01 on Friday, hitting $25.29. The company’s stock had a trading volume of 5,612 shares, compared to its average volume of 13,690. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 12-month low of $24.79 and a 12-month high of $26.29. The stock has a 50 day moving average of $25.29 and a 200-day moving average of $25.67.

About Simplify Kayne Anderson Energy and Infrastructure Credit ETF

KNRG is an actively managed ETF that seeks to deliver attractive monthly income by investing in credit instruments of energy and infrastructure companies. This includes bonds, notes, loans, and hybrid or preferred shares. The fund focuses on instruments that offer higher yields and higher credit quality compared to traditional high-yield bond indices.