PFG Investments LLC Purchases 16,989 Shares of Simplify Managed Futures Strategy ETF $CTA

PFG Investments LLC lifted its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 35.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,480 shares of the company’s stock after buying an additional 16,989 shares during the quarter. PFG Investments LLC owned about 0.17% of Simplify Managed Futures Strategy ETF worth $1,751,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its position in shares of Simplify Managed Futures Strategy ETF by 191.2% in the first quarter. HighTower Advisors LLC now owns 706,315 shares of the company’s stock valued at $20,907,000 after acquiring an additional 463,768 shares during the period. Private Advisor Group LLC boosted its position in shares of Simplify Managed Futures Strategy ETF by 695.5% in the first quarter. Private Advisor Group LLC now owns 427,004 shares of the company’s stock valued at $12,639,000 after acquiring an additional 373,329 shares during the period. Pasadena Private Wealth LLC boosted its position in shares of Simplify Managed Futures Strategy ETF by 199.0% in the first quarter. Pasadena Private Wealth LLC now owns 540,935 shares of the company’s stock valued at $16,012,000 after acquiring an additional 360,001 shares during the period. Beacon Capital Management LLC boosted its position in shares of Simplify Managed Futures Strategy ETF by 94.3% in the first quarter. Beacon Capital Management LLC now owns 721,066 shares of the company’s stock valued at $21,344,000 after acquiring an additional 350,049 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Simplify Managed Futures Strategy ETF by 77.0% in the first quarter. LPL Financial LLC now owns 743,913 shares of the company’s stock valued at $22,020,000 after acquiring an additional 323,572 shares during the period.

Simplify Managed Futures Strategy ETF Price Performance

Shares of Simplify Managed Futures Strategy ETF stock opened at $27.80 on Thursday. The firm has a 50-day moving average of $27.62 and a 200-day moving average of $27.84. Simplify Managed Futures Strategy ETF has a 52-week low of $25.71 and a 52-week high of $30.21.

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.