Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 754,201 shares changed hands during trading, an increase of 197% from the previous session’s volume of 253,719 shares.The stock last traded at $29.29 and had previously closed at $29.67.
Simplify Managed Futures Strategy ETF Price Performance
The company’s 50-day simple moving average is $29.17 and its two-hundred day simple moving average is $27.81.
Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF
Institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in Simplify Managed Futures Strategy ETF by 28.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 465,421 shares of the company’s stock worth $12,981,000 after buying an additional 104,266 shares in the last quarter. LPL Financial LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 28.8% during the 4th quarter. LPL Financial LLC now owns 420,341 shares of the company’s stock valued at $11,723,000 after acquiring an additional 93,967 shares during the period. Beacon Capital Management LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $10,348,000. Peak Financial Advisors LLC raised its stake in Simplify Managed Futures Strategy ETF by 3.1% during the 4th quarter. Peak Financial Advisors LLC now owns 324,683 shares of the company’s stock worth $9,055,000 after acquiring an additional 9,773 shares during the period. Finally, Altiora Financial Group LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 131.5% during the fourth quarter. Altiora Financial Group LLC now owns 281,631 shares of the company’s stock valued at $7,855,000 after purchasing an additional 159,961 shares in the last quarter.
Simplify Managed Futures Strategy ETF Company Profile
The Simplify Managed Futures Strategy ETF (CTA) is an exchange-traded fund that mostly invests in global macro alternatives. The fund seeks absolute returns that have low correlation to the equities market. The actively managed fund uses futures in commodity, currency, and fixed income. CTA was launched on Mar 7, 2022 and is managed by Simplify.
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