Cowa LLC Purchases 43,350 Shares of Simplify Managed Futures Strategy ETF $CTA

Cowa LLC grew its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 18.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 275,014 shares of the company’s stock after acquiring an additional 43,350 shares during the period. Simplify Managed Futures Strategy ETF makes up 2.3% of Cowa LLC’s portfolio, making the stock its 12th biggest position. Cowa LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $7,497,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. WFA of San Diego LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter worth approximately $36,000. Comerica Bank grew its position in Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after acquiring an additional 1,429 shares during the period. Private Trust Co. NA raised its stake 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 acquiring an additional 857 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter valued at $88,000. Finally, J.Safra Asset Management Corp boosted its stake in shares of Simplify Managed Futures Strategy ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock valued at $158,000 after purchasing an additional 527 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 1.9%

NYSEARCA CTA opened at $28.60 on Friday. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $32.76. The company has a 50 day moving average of $30.29 and a 200-day moving average of $29.08.

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.