Simplify Interest Rate Hedge ETF $PFIX Stock Holdings Lifted by Drum Hill Capital LLC

Drum Hill Capital LLC lifted its stake in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 25.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,638 shares of the company’s stock after purchasing an additional 29,592 shares during the period. Simplify Interest Rate Hedge ETF accounts for about 6.1% of Drum Hill Capital LLC’s portfolio, making the stock its 5th largest holding. Drum Hill Capital LLC’s holdings in Simplify Interest Rate Hedge ETF were worth $6,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in PFIX. Harbor Investment Advisory LLC acquired a new stake in shares of Simplify Interest Rate Hedge ETF in the fourth quarter valued at approximately $29,000. JPMorgan Chase & Co. boosted its stake in Simplify Interest Rate Hedge ETF by 1,285.0% during the third quarter. JPMorgan Chase & Co. now owns 831 shares of the company’s stock worth $40,000 after buying an additional 771 shares during the last quarter. Colonial Trust Co SC acquired a new position in Simplify Interest Rate Hedge ETF during the fourth quarter worth $48,000. Bank of Montreal Can grew its holdings in Simplify Interest Rate Hedge ETF by 168.7% in the 4th quarter. Bank of Montreal Can now owns 1,048 shares of the company’s stock valued at $50,000 after buying an additional 658 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Simplify Interest Rate Hedge ETF in the 2nd quarter worth $53,000.

Simplify Interest Rate Hedge ETF Trading Down 1.0%

NYSEARCA PFIX opened at $41.85 on Friday. Simplify Interest Rate Hedge ETF has a 52 week low of $41.37 and a 52 week high of $61.20. The business’s fifty day simple moving average is $46.59 and its 200-day simple moving average is $46.43.

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.