1,679,257 Shares of Simplify Currency Strategy ETF $FOXY Bought by Gradient Investments LLC

Gradient Investments LLC bought a new position in Simplify Currency Strategy ETF (NYSEARCA:FOXY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,679,257 shares of the company’s stock, valued at approximately $44,870,000. Gradient Investments LLC owned approximately 21.39% of Simplify Currency Strategy ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FOXY. Envestnet Asset Management Inc. lifted its holdings in shares of Simplify Currency Strategy ETF by 91.5% during the second quarter. Envestnet Asset Management Inc. now owns 147,884 shares of the company’s stock valued at $4,405,000 after purchasing an additional 70,673 shares during the last quarter. Citadel Advisors LLC purchased a new position in Simplify Currency Strategy ETF during the 2nd quarter worth approximately $636,000. Brown Financial Advisors acquired a new stake in Simplify Currency Strategy ETF during the 2nd quarter valued at $1,698,000. Montgomery Financial Services LLC purchased a new stake in shares of Simplify Currency Strategy ETF in the second quarter valued at $29,000. Finally, Paladin Wealth LLC purchased a new stake in shares of Simplify Currency Strategy ETF in the second quarter valued at $1,318,000.

Simplify Currency Strategy ETF Stock Performance

Shares of Simplify Currency Strategy ETF stock traded down $0.09 during midday trading on Thursday, hitting $27.31. The company’s stock had a trading volume of 15,169 shares, compared to its average volume of 70,432. Simplify Currency Strategy ETF has a 1-year low of $26.68 and a 1-year high of $32.20. The stock has a 50-day simple moving average of $27.66 and a 200-day simple moving average of $28.72.

Simplify Currency Strategy ETF Profile

The Simplify Currency Strategy ETF (FOXY) is an exchange-traded fund that mostly invests in long global basket, short usd currency. The fund is an actively managed fund with long and short exposures in foreign currencies through forward contracts and swaps, as well as futures contracts. It employs a combination of mean-reversion strategy for G10 currencies and a carry strategy for emerging market currencies. FOXY was launched on Feb 3, 2025 and is issued by Simplify.