Broussard Financial Group LLC Raises Stock Position in Simplify Short Term Treasury Futures Strategy ETF $TUA

Broussard Financial Group LLC increased its position in Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) by 7.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 372,250 shares of the company’s stock after purchasing an additional 26,108 shares during the period. Simplify Short Term Treasury Futures Strategy ETF makes up 6.3% of Broussard Financial Group LLC’s holdings, making the stock its 7th biggest holding. Broussard Financial Group LLC’s holdings in Simplify Short Term Treasury Futures Strategy ETF were worth $7,854,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TUA. Simplify Asset Management Inc. purchased a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter valued at about $116,656,000. KPP Advisory Services LLC bought a new stake in shares of Simplify Short Term Treasury Futures Strategy ETF in the first quarter worth about $288,000. Ferguson Shapiro LLC increased its holdings in Simplify Short Term Treasury Futures Strategy ETF by 4.1% during the 1st quarter. Ferguson Shapiro LLC now owns 2,326,522 shares of the company’s stock valued at $49,090,000 after purchasing an additional 90,738 shares during the period. Welch Group LLC purchased a new position in Simplify Short Term Treasury Futures Strategy ETF during the 1st quarter valued at about $269,000. Finally, LifeWealth Investments LLC raised its position in Simplify Short Term Treasury Futures Strategy ETF by 6.7% during the 1st quarter. LifeWealth Investments LLC now owns 163,258 shares of the company’s stock valued at $3,445,000 after purchasing an additional 10,216 shares during the last quarter.

Simplify Short Term Treasury Futures Strategy ETF Trading Down 0.6%

NYSEARCA TUA opened at $20.39 on Wednesday. Simplify Short Term Treasury Futures Strategy ETF has a fifty-two week low of $20.26 and a fifty-two week high of $22.31. The stock has a 50 day simple moving average of $20.59 and a two-hundred day simple moving average of $21.23.

Simplify Short Term Treasury Futures Strategy ETF Profile

The Simplify Short Term Treasury Futures Strategy ETF (TUA) is an exchange-traded fund that is based on the ICE US Treasury 7-10 Year Bond index. The fund seeks to match or outperform an intermediate-term US Treasury index for a calendar quarter, through an actively managed portfolio of futures, call and put options on US treasury futures, US government securities, and ETFs. TUA was launched on Nov 14, 2022 and is managed by Simplify.