Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Rating) by 57.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 198,019 shares of the company’s stock after selling 270,542 shares during the quarter. Envestnet Asset Management Inc. owned approximately 3.46% of Simplify Managed Futures Strategy ETF worth $5,150,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CTA. IFP Advisors Inc purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $40,000. Bank of Montreal Can purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at approximately $125,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at approximately $150,000. Vestmark Advisory Solutions Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $223,000. Finally, Ironsides Asset Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth approximately $298,000.

Simplify Managed Futures Strategy ETF Trading Up 0.4 %

Shares of CTA opened at $24.97 on Friday. Simplify Managed Futures Strategy ETF has a one year low of $23.30 and a one year high of $31.44. The stock has a 50 day moving average price of $24.46 and a 200 day moving average price of $25.98.

About Simplify Managed Futures Strategy ETF

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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.