Philip James Wealth Mangement LLC Grows Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Philip James Wealth Mangement LLC grew its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 22.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 199,067 shares of the company’s stock after buying an additional 36,960 shares during the period. Philip James Wealth Mangement LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $5,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. CoreCap Advisors LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 94.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock valued at $55,000 after buying an additional 963 shares in the last quarter. Comerica Bank raised its position in Simplify Managed Futures Strategy ETF by 111,500.0% during the fourth quarter. Comerica Bank now owns 2,232 shares of the company’s stock worth $62,000 after acquiring an additional 2,230 shares during the period. Farther Finance Advisors LLC grew its position in shares of Simplify Managed Futures Strategy ETF by 72.9% in the fourth quarter. Farther Finance Advisors LLC now owns 5,013 shares of the company’s stock valued at $140,000 after purchasing an additional 2,113 shares during the period. Continuum Advisory LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 179.0% during the first quarter. Continuum Advisory LLC now owns 7,184 shares of the company’s stock worth $213,000 after purchasing an additional 4,609 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter worth about $315,000.

Simplify Managed Futures Strategy ETF Stock Performance

NYSEARCA CTA opened at $26.76 on Friday. The stock’s 50 day simple moving average is $27.67 and its 200-day simple moving average is $28.38. Simplify Managed Futures Strategy ETF has a 1-year low of $25.66 and a 1-year high of $30.21.

About Simplify Managed Futures Strategy ETF

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.