Simplify Asset Management Inc. Has $9.30 Million Stake in Simplify Currency Strategy ETF $FOXY

Simplify Asset Management Inc. increased its stake in Simplify Currency Strategy ETF (NYSEARCA:FOXY) by 16.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 337,443 shares of the company’s stock after purchasing an additional 47,500 shares during the period. Simplify Currency Strategy ETF makes up 0.2% of Simplify Asset Management Inc.’s holdings, making the stock its 14th largest position. Simplify Asset Management Inc. owned approximately 36.28% of Simplify Currency Strategy ETF worth $9,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CreativeOne Wealth LLC bought a new stake in Simplify Currency Strategy ETF during the second quarter worth about $297,000. Jane Street Group LLC bought a new stake in shares of Simplify Currency Strategy ETF during the 1st quarter worth about $560,000. Finally, Park Edge Advisors LLC acquired a new position in Simplify Currency Strategy ETF in the 3rd quarter valued at about $2,218,000.

Simplify Currency Strategy ETF Price Performance

Simplify Currency Strategy ETF stock opened at $27.50 on Tuesday. The company’s 50-day moving average price is $28.09 and its two-hundred day moving average price is $27.28. Simplify Currency Strategy ETF has a twelve month low of $23.08 and a twelve month high of $31.19.

Simplify Currency Strategy ETF Company 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.