Entrewealth LLC Takes $472,000 Position in Simplify Managed Futures Strategy ETF $CTA

Entrewealth LLC acquired a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 17,659 shares of the company’s stock, valued at approximately $472,000.

A number of other hedge funds also recently modified their holdings of the stock. Allworth Financial LP purchased a new stake in Simplify Managed Futures Strategy ETF during the first quarter valued at about $34,000. J.Safra Asset Management Corp purchased a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at approximately $52,000. Ameritas Advisory Services LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at $65,000. Simplex Trading LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth $70,000. Finally, Park Square Financial Group LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter worth $74,000.

Simplify Managed Futures Strategy ETF Trading Down 1.1%

Shares of NYSEARCA CTA opened at $26.97 on Wednesday. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.10 and a fifty-two week high of $30.21. The stock has a fifty day moving average of $27.88 and a 200-day moving average of $27.68.

Simplify Managed Futures Strategy ETF 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.