Stratos Wealth Advisors LLC Has $973,000 Stock Position in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX)

Stratos Wealth Advisors LLC increased its stake in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,586 shares of the company’s stock after acquiring an additional 1,222 shares during the period. Stratos Wealth Advisors LLC’s holdings in Simplify Interest Rate Hedge ETF were worth $973,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new stake in shares of Simplify Interest Rate Hedge ETF during the 2nd quarter worth approximately $300,000. Ferguson Shapiro LLC raised its position in Simplify Interest Rate Hedge ETF by 1.7% during the third quarter. Ferguson Shapiro LLC now owns 157,030 shares of the company’s stock worth $6,457,000 after acquiring an additional 2,623 shares in the last quarter. Professional Financial Advisors LLC lifted its stake in 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 valued at $646,000 after acquiring an additional 767 shares during the last quarter. Altiora Financial Group LLC bought a new position in shares of Simplify Interest Rate Hedge ETF in the 3rd quarter valued at about $912,000. Finally, Pekin Hardy Strauss Inc. increased its stake in shares of Simplify Interest Rate Hedge ETF by 13.8% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 106,993 shares of the company’s stock worth $4,400,000 after purchasing an additional 12,973 shares during the last quarter.

Simplify Interest Rate Hedge ETF Trading Up 0.8 %

Shares of NYSEARCA:PFIX opened at $49.80 on Friday. Simplify Interest Rate Hedge ETF has a 52-week low of $37.00 and a 52-week high of $57.50. The company has a 50-day simple moving average of $51.21 and a 200 day simple moving average of $46.85.

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).