Kestra Advisory Services LLC grew its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) by 51.0% in the first quarter, HoldingsChannel.com reports. The fund owned 208,551 shares of the company’s stock after acquiring an additional 70,465 shares during the period. Kestra Advisory Services LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $6,302,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. MBM Wealth Consultants LLC acquired a new position in Simplify Managed Futures Strategy ETF during the first quarter valued at approximately $28,000. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the second quarter worth $36,000. Comerica Bank raised its holdings 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 worth $40,000 after purchasing an additional 1,429 shares during the period. Private Trust Co. NA boosted its position in shares of 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter worth $88,000.
Simplify Managed Futures Strategy ETF Price Performance
Shares of CTA stock opened at $26.89 on Wednesday. Simplify Managed Futures Strategy ETF has a 12-month low of $25.64 and a 12-month high of $32.76. The firm has a fifty day moving average of $28.59 and a 200-day moving average of $29.00.
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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Want to see what other hedge funds are holding CTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report).
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