Truist Financial Corp Raises Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Truist Financial Corp boosted its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,975 shares of the company’s stock after buying an additional 832 shares during the quarter. Truist Financial Corp’s holdings in Simplify Managed Futures Strategy ETF were worth $557,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Wealth Partners LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 2.2% during the fourth quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock valued at $916,000 after purchasing an additional 711 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 214.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after purchasing an additional 1,074 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 16.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock valued at $312,000 after purchasing an additional 1,728 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $79,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at approximately $75,000.

Simplify Managed Futures Strategy ETF Trading Up 0.4 %

CTA stock opened at $28.85 on Tuesday. The firm has a 50 day moving average price of $28.71 and a 200-day moving average price of $27.46. Simplify Managed Futures Strategy ETF has a 52-week low of $24.40 and a 52-week high of $30.21.

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.