FSA Advisors Inc. Invests $2.80 Million in Simplify Managed Futures Strategy ETF $CTA

FSA Advisors Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 102,557 shares of the company’s stock, valued at approximately $2,796,000.

A number of other hedge funds also recently modified their holdings of CTA. Brighton Jones LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF by 39.5% during the 4th quarter. Brighton Jones LLC now owns 27,251 shares of the company’s stock worth $760,000 after buying an additional 7,710 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Simplify Managed Futures Strategy ETF by 86.3% during the 1st quarter. Royal Bank of Canada now owns 104,993 shares of the company’s stock worth $3,108,000 after buying an additional 48,646 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter worth about $321,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter worth about $88,000. Finally, Baird Financial Group Inc. raised its stake in Simplify Managed Futures Strategy ETF by 164.0% in the 2nd quarter. Baird Financial Group Inc. now owns 74,832 shares of the company’s stock worth $2,001,000 after purchasing an additional 46,482 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of Simplify Managed Futures Strategy ETF stock opened at $32.04 on Monday. Simplify Managed Futures Strategy ETF has a twelve month low of $26.36 and a twelve month high of $32.67. The company has a 50-day simple moving average of $30.08 and a two-hundred day simple moving average of $28.52.

About Simplify Managed Futures Strategy ETF

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.