Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) Shares Bought by Professional Financial Advisors LLC

Professional Financial Advisors LLC raised its stake in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 5.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,707 shares of the company’s stock after acquiring an additional 767 shares during the period. Professional Financial Advisors LLC owned 0.52% of Simplify Interest Rate Hedge ETF worth $646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its holdings in shares of Simplify Interest Rate Hedge ETF by 1.3% in the second quarter. Commonwealth Equity Services LLC now owns 69,856 shares of the company’s stock valued at $3,343,000 after buying an additional 874 shares during the last quarter. Palisade Asset Management LLC purchased a new stake in shares of Simplify Interest Rate Hedge ETF in the first quarter valued at about $51,000. Comerica Bank raised its holdings in shares of Simplify Interest Rate Hedge ETF by 41.6% in the first quarter. Comerica Bank now owns 1,361 shares of the company’s stock valued at $61,000 after buying an additional 400 shares during the last quarter. Fortis Group Advisors LLC raised its holdings in shares of Simplify Interest Rate Hedge ETF by 7.8% in the second quarter. Fortis Group Advisors LLC now owns 11,976 shares of the company’s stock valued at $573,000 after buying an additional 868 shares during the last quarter. Finally, Park Edge Advisors LLC purchased a new position in Simplify Interest Rate Hedge ETF during the first quarter worth about $1,716,000.

Simplify Interest Rate Hedge ETF Price Performance

NYSEARCA PFIX opened at $45.64 on Friday. Simplify Interest Rate Hedge ETF has a 52-week low of $37.00 and a 52-week high of $114.42. The firm has a 50-day moving average price of $41.38 and a 200 day moving average price of $45.99.

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).