Advyzon Investment Management LLC Acquires 40,982 Shares of Simplify Interest Rate Hedge ETF $PFIX

Advyzon Investment Management LLC increased its holdings in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 196.3% during the third quarter, Holdings Channel.com reports. The firm owned 61,855 shares of the company’s stock after buying an additional 40,982 shares during the period. Advyzon Investment Management LLC’s holdings in Simplify Interest Rate Hedge ETF were worth $2,980,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings 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 period. Raymond James Financial Inc. purchased a new position in shares of Simplify Interest Rate Hedge ETF in the 2nd quarter valued at $53,000. Simplex Trading LLC raised its position in shares of Simplify Interest Rate Hedge ETF by 3,462.6% in the 2nd quarter. Simplex Trading LLC now owns 4,382 shares of the company’s stock worth $231,000 after acquiring an additional 4,259 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Simplify Interest Rate Hedge ETF during the 2nd quarter worth $255,000. Finally, Cambridge Advisors Inc. bought a new stake in Simplify Interest Rate Hedge ETF during the third quarter valued at about $287,000.

Simplify Interest Rate Hedge ETF Trading Down 0.1%

PFIX opened at $43.20 on Friday. The business’s 50-day moving average is $46.89 and its two-hundred day moving average is $48.47. Simplify Interest Rate Hedge ETF has a 1 year low of $42.78 and a 1 year high of $65.15.

Simplify Interest Rate Hedge ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 2.8%.

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.