Farther Finance Advisors LLC Grows Position in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX)

Farther Finance Advisors LLC grew its stake in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 909.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 555 shares of the company’s stock after acquiring an additional 500 shares during the period. Farther Finance Advisors LLC’s holdings in Simplify Interest Rate Hedge ETF were worth $29,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Archer Investment Corp acquired a new stake in shares of Simplify Interest Rate Hedge ETF in the fourth quarter valued at about $42,000. Mutual Advisors LLC acquired a new stake in shares of Simplify Interest Rate Hedge ETF during the 4th quarter valued at approximately $262,000. Perigon Wealth Management LLC acquired a new stake in shares of Simplify Interest Rate Hedge ETF during the 4th quarter valued at approximately $399,000. HighTower Advisors LLC purchased a new stake in shares of Simplify Interest Rate Hedge ETF during the 4th quarter worth approximately $468,000. Finally, Choreo LLC acquired a new stake in shares of Simplify Interest Rate Hedge ETF in the 4th quarter worth approximately $673,000.

Simplify Interest Rate Hedge ETF Stock Up 3.5 %

NYSEARCA PFIX opened at $49.80 on Tuesday. The business has a 50 day moving average price of $50.59 and a 200 day moving average price of $48.23. Simplify Interest Rate Hedge ETF has a 1-year low of $37.00 and a 1-year high of $57.50.

Simplify Interest Rate Hedge ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 25th were given a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, February 25th.

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).