Trek Financial LLC bought a new stake in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 250,083 shares of the company’s stock, valued at approximately $11,986,000. Trek Financial LLC owned about 0.07% of Simplify Interest Rate Hedge ETF at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Savvy Advisors Inc. bought a new position in shares of Simplify Interest Rate Hedge ETF during the fourth quarter valued at approximately $536,000. FSA Investment Group LLC bought a new position in shares of Simplify Interest Rate Hedge ETF during the third quarter valued at approximately $759,000. Choreo LLC bought a new position in shares of Simplify Interest Rate Hedge ETF during the third quarter valued at approximately $629,000. 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 valued at $4,144,000 after purchasing 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 valued at $2,980,000 after purchasing an additional 40,982 shares during the last quarter.
Simplify Interest Rate Hedge ETF Stock Up 1.0%
NYSEARCA:PFIX opened at $47.74 on Tuesday. The stock has a 50 day moving average of $45.56 and a 200-day moving average of $46.40. Simplify Interest Rate Hedge ETF has a 52 week low of $41.45 and a 52 week high of $65.15.
Simplify Interest Rate Hedge ETF 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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