Abbington Investment Group Invests $11.33 Million in Simplify Managed Futures Strategy ETF $CTA

Abbington Investment Group purchased a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 404,893 shares of the company’s stock, valued at approximately $11,325,000. Simplify Managed Futures Strategy ETF comprises about 9.7% of Abbington Investment Group’s portfolio, making the stock its largest position. Abbington Investment Group owned approximately 0.96% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CTA. CoreCap Advisors LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 34.0% during the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock valued at $55,000 after buying an additional 502 shares during the last quarter. L.M. Kohn & Company lifted its position in Simplify Managed Futures Strategy ETF by 7.9% during the 2nd quarter. L.M. Kohn & Company now owns 12,321 shares of the company’s stock worth $329,000 after acquiring an additional 897 shares during the period. Reyes Financial Architecture Inc. grew its stake in Simplify Managed Futures Strategy ETF by 22.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 4,927 shares of the company’s stock valued at $132,000 after purchasing an additional 905 shares during the last quarter. Fermata Advisors LLC grew its stake in Simplify Managed Futures Strategy ETF by 2.6% during the 3rd quarter. Fermata Advisors LLC now owns 35,537 shares of the company’s stock valued at $994,000 after purchasing an additional 915 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 121,141 shares of the company’s stock valued at $3,239,000 after purchasing an additional 931 shares during the period.

Simplify Managed Futures Strategy ETF Trading Up 0.1%

Shares of NYSEARCA CTA opened at $27.54 on Friday. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $30.21. The business’s 50 day moving average price is $27.16 and its 200 day moving average price is $27.50.

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.