Pekin Hardy Strauss Inc. Makes New $2.28 Million Investment in Simplify Managed Futures Strategy ETF $CTA

Pekin Hardy Strauss Inc. acquired a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 79,165 shares of the company’s stock, valued at approximately $2,283,000. Pekin Hardy Strauss Inc. owned 0.17% of Simplify Managed Futures Strategy ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Roan Capital Partners lifted its holdings in Simplify Managed Futures Strategy ETF by 0.5% in the third quarter. Roan Capital Partners now owns 96,910 shares of the company’s stock valued at $2,795,000 after acquiring an additional 493 shares during the period. MGO One Seven LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 4.4% during the 3rd quarter. MGO One Seven LLC now owns 14,744 shares of the company’s stock valued at $425,000 after purchasing an additional 616 shares during the period. Choreo LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 9.1% during the 3rd quarter. Choreo LLC now owns 8,533 shares of the company’s stock valued at $246,000 after purchasing an additional 711 shares during the period. Signature Equity Partners LLC grew its stake in shares of 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 valued at $27,000 after purchasing an additional 767 shares during the period. Finally, CAP Partners LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 5.3% during the 1st quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock valued at $473,000 after purchasing an additional 782 shares during the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

NYSEARCA CTA opened at $26.73 on Friday. The company has a 50-day moving average price of $29.32 and a 200-day moving average price of $28.93. Simplify Managed Futures Strategy ETF has a 52 week low of $25.39 and a 52 week high of $32.76.

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.