Jane Street Group LLC Sells 210,960 Shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX)

Jane Street Group LLC decreased its position in shares of Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 43.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 271,088 shares of the company’s stock after selling 210,960 shares during the period. Jane Street Group LLC owned approximately 0.09% of Simplify Interest Rate Hedge ETF worth $11,147,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comerica Bank increased its holdings in shares of Simplify Interest Rate Hedge ETF by 41.6% during the first quarter. Comerica Bank now owns 1,361 shares of the company’s stock valued at $61,000 after acquiring an additional 400 shares in the last quarter. Fortis Capital Advisors LLC bought a new stake in Simplify Interest Rate Hedge ETF during the second quarter worth $276,000. Sanctuary Advisors LLC bought a new stake in Simplify Interest Rate Hedge ETF during the second quarter worth $300,000. Fortis Group Advisors LLC grew its holdings in Simplify Interest Rate Hedge ETF by 7.8% during the second quarter. Fortis Group Advisors LLC now owns 11,976 shares of the company’s stock worth $573,000 after buying an additional 868 shares in the last quarter. Finally, Hilltop Holdings Inc. grew its holdings in Simplify Interest Rate Hedge ETF by 1.8% during the third quarter. Hilltop Holdings Inc. now owns 15,355 shares of the company’s stock worth $631,000 after buying an additional 266 shares in the last quarter.

Simplify Interest Rate Hedge ETF Trading Up 4.0 %

Shares of Simplify Interest Rate Hedge ETF stock opened at $47.60 on Friday. The stock has a fifty day simple moving average of $47.37 and a 200 day simple moving average of $45.32. Simplify Interest Rate Hedge ETF has a 12-month low of $37.00 and a 12-month high of $79.54.

Simplify Interest Rate Hedge ETF 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).