Private Client Services LLC bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 177,270 shares of the company’s stock, valued at approximately $5,112,000. Simplify Managed Futures Strategy ETF makes up about 1.4% of Private Client Services LLC’s portfolio, making the stock its 16th biggest position. Private Client Services LLC owned approximately 0.39% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Signature Equity Partners LLC grew its position in Simplify Managed Futures Strategy ETF by 639.2% in 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. CAP Partners LLC grew 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 acquiring an additional 782 shares during the period. MBM Wealth Consultants LLC bought a new position in Simplify Managed Futures Strategy ETF during the first quarter valued at $28,000. Compass Financial Management LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth $26,000. Finally, Professional Financial Advisors LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 1.5% in the second quarter. Professional Financial Advisors LLC now owns 77,564 shares of the company’s stock worth $2,012,000 after purchasing an additional 1,127 shares in the last quarter.
Simplify Managed Futures Strategy ETF Trading Down 1.0%
CTA stock traded down $0.31 during midday trading on Friday, reaching $28.93. 174,672 shares of the company’s stock traded hands, compared to its average volume of 610,955. Simplify Managed Futures Strategy ETF has a 52 week low of $25.39 and a 52 week high of $32.76. The company has a 50-day moving average price of $28.21 and a two-hundred day moving average price of $28.78.
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.
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