Comerica Bank Grows Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Comerica Bank grew its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 111,500.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,232 shares of the company’s stock after purchasing an additional 2,230 shares during the quarter. Comerica Bank’s holdings in Simplify Managed Futures Strategy ETF were worth $62,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp raised its holdings in shares of Simplify Managed Futures Strategy ETF by 4.3% during the fourth quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock valued at $557,000 after acquiring an additional 832 shares in the last quarter. Betterment LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 5.1% during the fourth quarter. Betterment LLC now owns 19,279 shares of the company’s stock valued at $538,000 after acquiring an additional 927 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Simplify Managed Futures Strategy ETF by 214.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after acquiring an additional 1,074 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 8.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 16,061 shares of the company’s stock valued at $448,000 after acquiring an additional 1,283 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $42,000.

Simplify Managed Futures Strategy ETF Trading Up 0.4%

CTA opened at $27.51 on Monday. The stock has a fifty day simple moving average of $28.44 and a two-hundred day simple moving average of $28.32. Simplify Managed Futures Strategy ETF has a 12-month low of $25.66 and a 12-month high of $30.21.

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.