Envestnet Asset Management Inc. Cuts Stock Holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Envestnet Asset Management Inc. reduced its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 1.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 458,565 shares of the company’s stock after selling 6,856 shares during the period. Envestnet Asset Management Inc. owned approximately 1.29% of Simplify Managed Futures Strategy ETF worth $13,574,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CTA. CoreCap Advisors LLC raised its holdings in Simplify Managed Futures Strategy ETF by 94.1% during the fourth quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock worth $55,000 after purchasing an additional 963 shares in the last quarter. Comerica Bank increased its holdings in Simplify Managed Futures Strategy ETF by 111,500.0% in the fourth quarter. Comerica Bank now owns 2,232 shares of the company’s stock valued at $62,000 after buying an additional 2,230 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Simplify Managed Futures Strategy ETF by 72.9% in the fourth quarter. Farther Finance Advisors LLC now owns 5,013 shares of the company’s stock valued at $140,000 after buying an additional 2,113 shares in the last quarter. Continuum Advisory LLC increased its holdings in Simplify Managed Futures Strategy ETF by 179.0% in the first quarter. Continuum Advisory LLC now owns 7,184 shares of the company’s stock valued at $213,000 after buying an additional 4,609 shares in the last quarter. Finally, Revisor Wealth Management LLC purchased a new position in Simplify Managed Futures Strategy ETF in the first quarter valued at about $254,000.

Simplify Managed Futures Strategy ETF Stock Down 0.1%

Shares of Simplify Managed Futures Strategy ETF stock opened at $27.72 on Friday. Simplify Managed Futures Strategy ETF has a 12-month low of $25.66 and a 12-month high of $30.21. The company has a 50-day moving average of $27.49 and a two-hundred day moving average of $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.