22,183 Shares in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) Acquired by Altiora Financial Group LLC

Altiora Financial Group LLC purchased a new position in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) during the third quarter, HoldingsChannel reports. The firm purchased 22,183 shares of the company’s stock, valued at approximately $912,000.

Other institutional investors have also added to or reduced their stakes in the company. Comerica Bank raised its stake in Simplify Interest Rate Hedge ETF by 41.6% during the 1st quarter. Comerica Bank now owns 1,361 shares of the company’s stock worth $61,000 after buying an additional 400 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of Simplify Interest Rate Hedge ETF in the second quarter worth approximately $276,000. Sanctuary Advisors LLC purchased a new stake in shares of Simplify Interest Rate Hedge ETF in the second quarter worth approximately $300,000. Fortis Group Advisors LLC raised its stake 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 worth $573,000 after purchasing an additional 868 shares during the last quarter. Finally, Professional Financial Advisors LLC raised its stake in shares of Simplify Interest Rate Hedge ETF by 5.1% in the third quarter. Professional Financial Advisors LLC now owns 15,707 shares of the company’s stock worth $646,000 after purchasing an additional 767 shares during the last quarter.

Simplify Interest Rate Hedge ETF Price Performance

Shares of Simplify Interest Rate Hedge ETF stock opened at $50.02 on Friday. Simplify Interest Rate Hedge ETF has a 52 week low of $37.00 and a 52 week high of $91.50. The business has a 50 day moving average price of $45.60 and a 200-day moving average price of $45.57.

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).