Simplify Asset Management Inc. Cuts Stake in Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA)

Simplify Asset Management Inc. cut its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) by 45.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,484 shares of the company’s stock after selling 84,831 shares during the quarter. Simplify Asset Management Inc. owned 0.45% of Simplify Short Term Treasury Futures Strategy ETF worth $2,164,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Csenge Advisory Group purchased a new position in Simplify Short Term Treasury Futures Strategy ETF in the 2nd quarter worth $284,000. Professional Financial Advisors LLC purchased a new stake in Simplify Short Term Treasury Futures Strategy ETF during the 1st quarter valued at about $319,000. International Assets Investment Management LLC bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth approximately $320,000. Sage Advisory Services Ltd.Co. increased its stake in Simplify Short Term Treasury Futures Strategy ETF by 8.6% in the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 22,121 shares of the company’s stock worth $472,000 after purchasing an additional 1,746 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in Simplify Short Term Treasury Futures Strategy ETF by 2.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 23,826 shares of the company’s stock valued at $508,000 after purchasing an additional 611 shares during the last quarter.

Simplify Short Term Treasury Futures Strategy ETF Stock Performance

Shares of Simplify Short Term Treasury Futures Strategy ETF stock opened at $23.24 on Friday. Simplify Short Term Treasury Futures Strategy ETF has a 52-week low of $20.84 and a 52-week high of $23.41. The company’s 50 day moving average price is $22.55 and its 200-day moving average price is $21.84.

About Simplify Short Term Treasury Futures Strategy ETF

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.