Wedbush Securities Inc. Buys 10,835 Shares of Simplify Interest Rate Hedge ETF $PFIX

Wedbush Securities Inc. bought a new position in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,835 shares of the company’s stock, valued at approximately $681,000. Wedbush Securities Inc. owned approximately 0.24% of Simplify Interest Rate Hedge ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Reyes Financial Architecture Inc. boosted its position in shares of Simplify Interest Rate Hedge ETF by 39.6% during the third quarter. Reyes Financial Architecture Inc. now owns 1,698 shares of the company’s stock valued at $107,000 after buying an additional 482 shares during the last quarter. South Shore Capital Advisors bought a new stake in Simplify Interest Rate Hedge ETF in the 3rd quarter worth about $314,000. Drum Hill Capital LLC increased its holdings in Simplify Interest Rate Hedge ETF by 1.9% in the 3rd quarter. Drum Hill Capital LLC now owns 148,265 shares of the company’s stock worth $9,324,000 after buying an additional 2,809 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in Simplify Interest Rate Hedge ETF in the 3rd quarter worth about $912,000. Finally, Farther Finance Advisors LLC raised its position in Simplify Interest Rate Hedge ETF by 2,725.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,684 shares of the company’s stock worth $986,000 after buying an additional 15,129 shares during the last quarter.

Simplify Interest Rate Hedge ETF Price Performance

Shares of NYSEARCA:PFIX opened at $56.01 on Tuesday. The business has a 50-day simple moving average of $56.36 and a two-hundred day simple moving average of $48.92. Simplify Interest Rate Hedge ETF has a fifty-two week low of $41.37 and a fifty-two week high of $68.11.

Simplify Interest Rate Hedge ETF Company 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.