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

Jane Street Group LLC lessened its holdings in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 43.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 271,088 shares of the company’s stock after selling 210,960 shares during the quarter. Jane Street Group LLC owned 8.95% of Simplify Interest Rate Hedge ETF worth $11,147,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Hilltop Holdings Inc. increased its holdings in shares of Simplify Interest Rate Hedge ETF by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 15,355 shares of the company’s stock valued at $631,000 after purchasing an additional 266 shares during the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of Simplify Interest Rate Hedge ETF by 2.1% in the third quarter. Stratos Wealth Advisors LLC now owns 17,364 shares of the company’s stock valued at $714,000 after acquiring an additional 354 shares in the last quarter. Comerica Bank grew its stake in shares of Simplify Interest Rate Hedge ETF by 41.6% in 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. Professional Financial Advisors LLC grew its stake in shares of 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 in the last quarter. Finally, Fortis Group Advisors LLC grew its stake in shares of Simplify Interest Rate Hedge ETF by 7.8% in the second quarter. Fortis Group Advisors LLC now owns 11,976 shares of the company’s stock valued at $573,000 after acquiring an additional 868 shares in the last quarter.

Simplify Interest Rate Hedge ETF Stock Performance

PFIX stock opened at $47.60 on Friday. The company’s 50-day simple moving average is $47.37 and its 200 day simple moving average is $45.32. Simplify Interest Rate Hedge ETF has a 52 week low of $37.00 and a 52 week high of $79.54.

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).