Jane Street Group LLC Invests $188,000 in Global X Interest Rate Hedge ETF (NYSEARCA:RATE)

Jane Street Group LLC bought a new stake in Global X Interest Rate Hedge ETF (NYSEARCA:RATE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,738 shares of the company’s stock, valued at approximately $188,000. Jane Street Group LLC owned approximately 10.74% of Global X Interest Rate Hedge ETF as of its most recent SEC filing.

Global X Interest Rate Hedge ETF Trading Up 2.6 %

NYSEARCA RATE opened at $21.23 on Monday. Global X Interest Rate Hedge ETF has a 52 week low of $17.12 and a 52 week high of $22.34. The firm has a 50 day moving average of $19.83 and a two-hundred day moving average of $19.03.

About Global X Interest Rate Hedge ETF

The Global X Interest Rate Hedge ETF (RATE) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund, using over-the-counter swaptions, which seeks to provide a hedge against sharp increases in long-term US interest rates. The fund is also expected to benefit during periods of market stress when interest rate volatility rises.