Janney Montgomery Scott LLC boosted its stake in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX – Get Rating) by 316.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,993 shares of the company's stock after acquiring an additional 25,828 shares during the quarter. Janney Montgomery Scott LLC owned 0.64% of Simplify Interest Rate Hedge ETF worth $2,434,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of PFIX. Cambridge Investment Research Advisors Inc. purchased a new position in Simplify Interest Rate Hedge ETF during the first quarter valued at approximately $1,098,000. Worth Asset Management LLC acquired a new stake in Simplify Interest Rate Hedge ETF in the first quarter valued at approximately $321,000. UBS Group AG acquired a new stake in Simplify Interest Rate Hedge ETF in the first quarter valued at approximately $379,000. Atria Wealth Solutions Inc. acquired a new stake in Simplify Interest Rate Hedge ETF in the first quarter valued at approximately $416,000. Finally, Royal Bank of Canada grew its holdings in Simplify Interest Rate Hedge ETF by 8.8% in the first quarter. Royal Bank of Canada now owns 29,381 shares of the company's stock valued at $1,464,000 after purchasing an additional 2,387 shares during the period.
Get Simplify Interest Rate Hedge ETF alerts:Simplify Interest Rate Hedge ETF Price Performance
Shares of PFIX opened at $64.14 on Tuesday. Simplify Interest Rate Hedge ETF has a 12 month low of $47.84 and a 12 month high of $88.51. The stock's 50 day moving average is $63.70 and its two-hundred day moving average is $66.20.
Simplify Interest Rate Hedge ETF Profile
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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).
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