Brown Financial Advisors Makes New $1.70 Million Investment in Simplify Currency Strategy ETF $FOXY

Brown Financial Advisors acquired a new position in shares of Simplify Currency Strategy ETF (NYSEARCA:FOXY) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 56,984 shares of the company’s stock, valued at approximately $1,698,000.

A number of other hedge funds have also made changes to their positions in FOXY. Montgomery Financial Services LLC purchased a new position in shares of Simplify Currency Strategy ETF in the 2nd quarter valued at about $29,000. Paladin Wealth LLC purchased a new stake in Simplify Currency Strategy ETF during the second quarter worth approximately $1,318,000. Gradient Investments LLC acquired a new position in Simplify Currency Strategy ETF in the second quarter valued at approximately $35,355,000. Bank of America Corp DE boosted its holdings in Simplify Currency Strategy ETF by 441.2% in the first quarter. Bank of America Corp DE now owns 276,000 shares of the company’s stock valued at $8,070,000 after purchasing an additional 225,000 shares in the last quarter. Finally, Summit Global Investments purchased a new position in Simplify Currency Strategy ETF in the first quarter valued at approximately $320,000.

Simplify Currency Strategy ETF Price Performance

FOXY stock opened at $27.76 on Monday. Simplify Currency Strategy ETF has a twelve month low of $26.84 and a twelve month high of $32.20. The company’s 50 day moving average is $28.52 and its two-hundred day moving average is $29.10.

About Simplify Currency Strategy ETF

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.