Gradient Investments LLC Makes New Investment in Simplify Currency Strategy ETF $FOXY

Gradient Investments LLC acquired a new position in shares of Simplify Currency Strategy ETF (NYSEARCA:FOXY) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,679,257 shares of the company’s stock, valued at approximately $44,870,000. Gradient Investments LLC owned approximately 0.21% of Simplify Currency Strategy ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FOXY. Envestnet Asset Management Inc. grew its stake in Simplify Currency Strategy ETF by 91.5% in 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 in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Simplify Currency Strategy ETF during the 2nd quarter worth about $636,000. Brown Financial Advisors purchased a new stake in shares of Simplify Currency Strategy ETF during the 2nd quarter worth about $1,698,000. Montgomery Financial Services LLC purchased a new stake in shares of Simplify Currency Strategy ETF during the 2nd quarter worth about $29,000. Finally, Paladin Wealth LLC acquired a new stake in shares of Simplify Currency Strategy ETF during the 2nd quarter valued at about $1,318,000.

Simplify Currency Strategy ETF Trading Down 0.3%

Shares of NYSEARCA FOXY traded down $0.09 during trading hours on Thursday, hitting $27.31. The stock had a trading volume of 15,169 shares, compared to its average volume of 70,432. The firm’s 50-day moving average price is $27.66 and its two-hundred day moving average price is $28.72. Simplify Currency Strategy ETF has a 52 week low of $26.68 and a 52 week high of $32.20.

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.