FSA Investment Group LLC purchased a new stake in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 15,868 shares of the company’s stock, valued at approximately $759,000. Simplify Interest Rate Hedge ETF comprises 0.5% of FSA Investment Group LLC’s investment portfolio, making the stock its 11th largest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Simplify Interest Rate Hedge ETF in the 2nd quarter valued at approximately $53,000. Simplex Trading LLC lifted its holdings in shares of Simplify Interest Rate Hedge ETF by 3,462.6% during the second quarter. Simplex Trading LLC now owns 4,382 shares of the company’s stock worth $231,000 after purchasing an additional 4,259 shares during the period. Integrity Alliance LLC. purchased a new position in Simplify Interest Rate Hedge ETF in the 2nd quarter valued at $255,000. Avaii Wealth Management LLC acquired a new position in Simplify Interest Rate Hedge ETF in the 2nd quarter valued at $257,000. Finally, Cambridge Advisors Inc. acquired a new position in Simplify Interest Rate Hedge ETF in the 3rd quarter valued at $287,000.
Simplify Interest Rate Hedge ETF Stock Performance
Shares of Simplify Interest Rate Hedge ETF stock opened at $49.07 on Wednesday. Simplify Interest Rate Hedge ETF has a one year low of $43.65 and a one year high of $65.15. The firm has a fifty day moving average of $48.20 and a two-hundred day moving average of $50.26.
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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