Anchor Investment Management LLC Has $945,000 Stock Position in Simplify Interest Rate Hedge ETF $PFIX

Anchor Investment Management LLC lifted its holdings in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 121.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,445 shares of the company’s stock after acquiring an additional 11,220 shares during the period. Anchor Investment Management LLC’s holdings in Simplify Interest Rate Hedge ETF were worth $945,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ball & Co Wealth Management Inc. acquired a new stake in Simplify Interest Rate Hedge ETF during the first quarter worth approximately $97,000. Griffin Asset Management Inc. acquired a new stake in Simplify Interest Rate Hedge ETF during the first quarter worth about $308,000. Drum Hill Capital LLC boosted its holdings in shares of Simplify Interest Rate Hedge ETF by 25.9% in the 1st quarter. Drum Hill Capital LLC now owns 143,638 shares of the company’s stock valued at $6,640,000 after purchasing an additional 29,592 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Simplify Interest Rate Hedge ETF during the 4th quarter worth $648,000. Finally, Hilltop Holdings Inc. bought a new stake in shares of Simplify Interest Rate Hedge ETF during the 4th quarter worth $2,027,000.

Simplify Interest Rate Hedge ETF Price Performance

PFIX stock opened at $46.63 on Monday. Simplify Interest Rate Hedge ETF has a 12 month low of $41.37 and a 12 month high of $61.20. The firm has a 50-day moving average price of $46.50 and a 200-day moving average price of $45.96.

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.