Beacon Capital Management LLC Boosts Stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Beacon Capital Management LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 94.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 721,066 shares of the company’s stock after acquiring an additional 350,049 shares during the period. Simplify Managed Futures Strategy ETF accounts for about 2.9% of Beacon Capital Management LLC’s portfolio, making the stock its 9th biggest position. Beacon Capital Management LLC owned about 2.13% of Simplify Managed Futures Strategy ETF worth $21,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Truist Financial Corp increased its stake in shares of Simplify Managed Futures Strategy ETF by 4.3% in the 4th quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock valued at $557,000 after purchasing an additional 832 shares during the last quarter. Betterment LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 5.1% in the 4th quarter. Betterment LLC now owns 19,279 shares of the company’s stock valued at $538,000 after purchasing an additional 927 shares during the last quarter. CoreCap Advisors LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 94.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock valued at $55,000 after purchasing an additional 963 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 8.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 16,061 shares of the company’s stock valued at $448,000 after purchasing an additional 1,283 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter valued at $42,000.

Simplify Managed Futures Strategy ETF Trading Down 1.5%

Shares of CTA opened at $27.88 on Wednesday. Simplify Managed Futures Strategy ETF has a 52-week low of $25.66 and a 52-week high of $30.21. The business’s fifty day moving average is $27.75 and its 200-day moving average is $28.39.

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.