Truist Financial Corp Grows Stock Holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Truist Financial Corp raised its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,975 shares of the company’s stock after purchasing an additional 832 shares during the period. Truist Financial Corp owned approximately 0.29% of Simplify Managed Futures Strategy ETF worth $557,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CTA. Geneos Wealth Management Inc. grew its stake in shares of Simplify Managed Futures Strategy ETF by 214.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after purchasing an additional 1,074 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter worth about $75,000. New Wave Wealth Advisors LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth about $79,000. Decker Retirement Planning Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth about $91,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter worth about $239,000.

Simplify Managed Futures Strategy ETF Price Performance

NYSEARCA CTA opened at $28.85 on Tuesday. Simplify Managed Futures Strategy ETF has a 1 year low of $24.40 and a 1 year high of $30.21. The business’s 50-day moving average is $28.71 and its 200 day moving average is $27.46.

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.