Baird Financial Group Inc. Takes Position in Simplify Managed Futures Strategy ETF $CTA

Baird Financial Group Inc. purchased a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 28,350 shares of the company’s stock, valued at approximately $839,000. Baird Financial Group Inc. owned approximately 0.08% of Simplify Managed Futures Strategy ETF as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in Simplify Managed Futures Strategy ETF by 224.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 33,641 shares of the company’s stock valued at $996,000 after acquiring an additional 23,257 shares during the last quarter. Allworth Financial LP acquired a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $34,000. Archford Capital Strategies LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $4,677,000. Stratos Wealth Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $1,826,000. Finally, Stegent Equity Advisors Inc. acquired a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $843,000.

Simplify Managed Futures Strategy ETF Stock Performance

NYSEARCA:CTA opened at $27.25 on Wednesday. The company’s 50-day moving average is $27.57 and its two-hundred day moving average is $27.98. Simplify Managed Futures Strategy ETF has a 12-month low of $25.69 and a 12-month high of $30.21.

Simplify Managed Futures Strategy ETF Company 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.