Simplify Asset Management Inc. Sells 49,159 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Simplify Asset Management Inc. cut its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 38.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,883 shares of the company’s stock after selling 49,159 shares during the period. Simplify Asset Management Inc. owned approximately 1.18% of Simplify Managed Futures Strategy ETF worth $2,150,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hobbs Group Advisors LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter valued at about $129,000. CWM LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 28.6% during the second quarter. CWM LLC now owns 7,640 shares of the company’s stock valued at $206,000 after purchasing an additional 1,700 shares during the period. Ferguson Shapiro LLC bought a new position in Simplify Managed Futures Strategy ETF in the second quarter worth $257,000. Ironsides Asset Advisors LLC boosted its stake in Simplify Managed Futures Strategy ETF by 13.2% during the first quarter. Ironsides Asset Advisors LLC now owns 10,590 shares of the company’s stock worth $264,000 after buying an additional 1,235 shares in the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $322,000.

Simplify Managed Futures Strategy ETF Price Performance

NYSEARCA CTA opened at $25.81 on Friday. Simplify Managed Futures Strategy ETF has a twelve month low of $23.20 and a twelve month high of $28.33. The company’s 50-day simple moving average is $26.17 and its 200 day simple moving average is $26.41.

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.