Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Hits New 12-Month Low – Here’s Why

Simplify Managed Futures Strategy ETF (NYSEARCA:CTAGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $25.64 and last traded at $25.79, with a volume of 24363 shares traded. The stock had previously closed at $25.95.

Simplify Managed Futures Strategy ETF Trading Down 0.6%

The company’s fifty day simple moving average is $28.95 and its two-hundred day simple moving average is $29.02.

Institutional Trading of Simplify Managed Futures Strategy ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Signature Equity Partners LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 639.2% during the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock worth $27,000 after buying an additional 767 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at approximately $28,000. WFA of San Diego LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter valued at approximately $36,000. Comerica Bank raised its position in shares of Simplify Managed Futures Strategy ETF by 71,450.0% during the 3rd quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after acquiring an additional 1,429 shares in the last quarter. Finally, Parallel Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at approximately $42,000.

Simplify Managed Futures Strategy ETF Company Profile

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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.

Further Reading

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