Beacon Capital Management LLC raised its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 743,247 shares of the company’s stock after acquiring an additional 22,181 shares during the quarter. Simplify Managed Futures Strategy ETF makes up approximately 2.7% of Beacon Capital Management LLC’s portfolio, making the stock its 9th biggest position. Beacon Capital Management LLC owned 1.90% of Simplify Managed Futures Strategy ETF worth $19,874,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of Simplify Managed Futures Strategy ETF during the first quarter worth about $34,000. Simplex Trading LLC acquired a new position in Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $70,000. Park Square Financial Group LLC acquired a new position in Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $74,000. AlphaCore Capital LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $103,000. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $119,000.
Simplify Managed Futures Strategy ETF Price Performance
CTA stock opened at $28.17 on Friday. The business has a 50 day simple moving average of $27.64 and a 200-day simple moving average of $27.86. Simplify Managed Futures Strategy ETF has a twelve month low of $25.69 and a twelve month high of $30.21.
About Simplify Managed Futures Strategy ETF
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.
Read More
- Five stocks we like better than Simplify Managed Futures Strategy ETF
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- 3 Healthcare Stocks Using AI to Drive Growth
- Trading Halts Explained
- Get Exposure to Millennials’ Purchasing Power With This ETF
- 3 Fintech Stocks With Good 2021 Prospects
- Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions
Want to see what other hedge funds are holding CTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report).
Receive News & Ratings for Simplify Managed Futures Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Managed Futures Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
