IAG Wealth Partners LLC Boosts Stake in Simplify Managed Futures Strategy ETF $CTA

IAG Wealth Partners LLC lifted its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 4.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 811,968 shares of the company’s stock after purchasing an additional 35,670 shares during the quarter. Simplify Managed Futures Strategy ETF comprises 2.6% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding. IAG Wealth Partners LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $22,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of CTA. WFA of San Diego LLC acquired a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $36,000. Comerica Bank raised its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after purchasing an additional 1,429 shares during the last quarter. Private Trust Co. NA raised its holdings in Simplify Managed Futures Strategy ETF by 86.7% during the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after purchasing an additional 857 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $88,000. Finally, Advisory Services Network LLC acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter worth $176,000.

Simplify Managed Futures Strategy ETF Stock Up 2.4%

Shares of CTA stock opened at $29.58 on Tuesday. The stock has a fifty day moving average price of $30.37 and a 200 day moving average price of $28.97. Simplify Managed Futures Strategy ETF has a 1 year low of $26.36 and a 1 year high of $32.76.

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.