Proficio Capital Partners LLC Invests $5.39 Million in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Proficio Capital Partners LLC bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 193,138 shares of the company’s stock, valued at approximately $5,387,000. Proficio Capital Partners LLC owned approximately 2.85% of Simplify Managed Futures Strategy ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of CTA. Kestra Investment Management LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at about $42,000. Geneos Wealth Management Inc. grew its holdings 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 valued at $44,000 after purchasing an additional 1,074 shares during the period. New Wave Wealth Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at about $79,000. Decker Retirement Planning Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at about $91,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at about $239,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA opened at $29.23 on Monday. Simplify Managed Futures Strategy ETF has a 12-month low of $24.73 and a 12-month high of $30.21. The firm has a 50-day moving average price of $28.97 and a 200 day moving average price of $27.65.

About Simplify Managed Futures Strategy ETF

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.