Stegent Equity Advisors Inc. Increases Stake in Simplify Managed Futures Strategy ETF $CTA

Stegent Equity Advisors Inc. boosted its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 6.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 30,257 shares of the company’s stock after purchasing an additional 1,764 shares during the quarter. Stegent Equity Advisors Inc. owned about 0.08% of Simplify Managed Futures Strategy ETF worth $809,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP purchased a new stake in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $34,000. J.Safra Asset Management Corp purchased a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $52,000. Simplex Trading LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $70,000. Ameritas Advisory Services LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $65,000. Finally, Park Square Financial Group LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $74,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA stock opened at $27.53 on Friday. Simplify Managed Futures Strategy ETF has a one year low of $26.10 and a one year high of $30.21. The company’s 50-day moving average is $27.96 and its 200 day moving average is $27.72.

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.