Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) saw an uptick in trading volume on Tuesday . 481,863 shares changed hands during mid-day trading, an increase of 122% from the previous session’s volume of 217,203 shares.The stock last traded at $29.11 and had previously closed at $28.85.
Simplify Managed Futures Strategy ETF Price Performance
The business has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $27.46.
Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF
Several hedge funds have recently made changes to their positions in the company. Kestra Investment Management LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $42,000. Geneos Wealth Management Inc. lifted its holdings in Simplify Managed Futures Strategy ETF by 214.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after buying an additional 1,074 shares during the period. CoreCap Advisors LLC boosted its position in Simplify Managed Futures Strategy ETF by 94.1% during the 4th quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock valued at $55,000 after acquiring an additional 963 shares in the last quarter. Comerica Bank increased its holdings in shares of Simplify Managed Futures Strategy ETF by 111,500.0% in the 4th quarter. Comerica Bank now owns 2,232 shares of the company’s stock valued at $62,000 after acquiring an additional 2,230 shares during the period. Finally, New Wave Wealth Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter worth $79,000.
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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