Zazove Associates LLC Sells 1,100 Shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX)

Zazove Associates LLC lessened its position in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 6.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 17,250 shares of the company’s stock after selling 1,100 shares during the period. Zazove Associates LLC owned approximately 0.58% of Simplify Interest Rate Hedge ETF worth $690,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the business. Jane Street Group LLC grew its holdings in Simplify Interest Rate Hedge ETF by 216.0% during the fourth quarter. Jane Street Group LLC now owns 2,742,712 shares of the company’s stock worth $196,406,000 after buying an additional 1,874,826 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Simplify Interest Rate Hedge ETF by 503.7% during the third quarter. HighTower Advisors LLC now owns 73,720 shares of the company’s stock worth $7,031,000 after purchasing an additional 61,509 shares during the last quarter. Susquehanna International Group LLP bought a new stake in Simplify Interest Rate Hedge ETF in the 1st quarter worth about $2,478,000. Envestnet Asset Management Inc. increased its stake in Simplify Interest Rate Hedge ETF by 345.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 51,480 shares of the company’s stock valued at $3,138,000 after buying an additional 39,932 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Simplify Interest Rate Hedge ETF during the 1st quarter worth approximately $1,098,000.

Simplify Interest Rate Hedge ETF Stock Performance

PFIX stock traded down $2.08 during mid-day trading on Wednesday, hitting $52.81. The company had a trading volume of 130,739 shares, compared to its average volume of 139,013. The stock’s fifty day moving average price is $48.04 and its two-hundred day moving average price is $66.31. Simplify Interest Rate Hedge ETF has a 12 month low of $37.83 and a 12 month high of $114.42.

Simplify Interest Rate Hedge ETF 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).