Mount Lucas Management LP Makes New $1.61 Million Investment in Simplify Bond Bull ETF (NYSEARCA:RFIX)

Mount Lucas Management LP acquired a new position in shares of Simplify Bond Bull ETF (NYSEARCA:RFIX) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 30,000 shares of the company’s stock, valued at approximately $1,605,000. Mount Lucas Management LP owned approximately 1.02% of Simplify Bond Bull ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Fluent Financial LLC purchased a new position in Simplify Bond Bull ETF in the first quarter worth approximately $20,806,000. Authentikos Wealth Advisory LLC purchased a new position in Simplify Bond Bull ETF in the first quarter worth approximately $610,000. Prosperity Wealth Management Inc. purchased a new position in Simplify Bond Bull ETF in the first quarter worth approximately $823,000. Beacon Capital Management LLC purchased a new position in Simplify Bond Bull ETF in the first quarter worth approximately $4,701,000. Finally, WJ Interests LLC grew its position in Simplify Bond Bull ETF by 6.9% in the first quarter. WJ Interests LLC now owns 76,160 shares of the company’s stock worth $4,075,000 after acquiring an additional 4,895 shares during the period.

Simplify Bond Bull ETF Stock Performance

Simplify Bond Bull ETF stock opened at $45.37 on Wednesday. Simplify Bond Bull ETF has a 1-year low of $43.65 and a 1-year high of $60.49. The stock’s fifty day moving average is $47.30 and its two-hundred day moving average is $50.38.

About Simplify Bond Bull ETF

The Simplify Downside Interest Rate Hedge Strategy ETF (RFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed, seeking interest rate protection against the decrease in long-term interest rates and income generation in volatile market conditions. Investments include OTC interest-rate derivatives, US Treasurys, TIPS, and investment-grade bonds of any maturities.