Allworth Financial LP Buys Shares of 1,201 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Allworth Financial LP purchased a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,201 shares of the company’s stock, valued at approximately $34,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 39.5% during the fourth quarter. Brighton Jones LLC now owns 27,251 shares of the company’s stock worth $760,000 after purchasing an additional 7,710 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Simplify Managed Futures Strategy ETF by 72.9% during the 4th quarter. Farther Finance Advisors LLC now owns 5,013 shares of the company’s stock worth $140,000 after buying an additional 2,113 shares during the last quarter. Avantax Advisory Services Inc. increased its position in Simplify Managed Futures Strategy ETF by 12.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 21,709 shares of the company’s stock valued at $605,000 after buying an additional 2,453 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Simplify Managed Futures Strategy ETF by 8.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 16,061 shares of the company’s stock valued at $448,000 after buying an additional 1,283 shares during the last quarter. Finally, Simplify Asset Management Inc. raised its stake in Simplify Managed Futures Strategy ETF by 159.4% in the fourth quarter. Simplify Asset Management Inc. now owns 140,378 shares of the company’s stock valued at $3,915,000 after buying an additional 86,260 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA stock opened at $27.72 on Friday. Simplify Managed Futures Strategy ETF has a fifty-two week low of $25.66 and a fifty-two week high of $30.21. The stock’s 50-day simple moving average is $27.49 and its 200-day simple moving average is $28.30.

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.