Comerica Bank Acquires 2,230 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Comerica Bank boosted its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 111,500.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,232 shares of the company’s stock after purchasing an additional 2,230 shares during the quarter. Comerica Bank’s holdings in Simplify Managed Futures Strategy ETF were worth $62,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CTA. Kestra Investment Management LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $42,000. Geneos Wealth Management Inc. increased its stake in Simplify Managed Futures Strategy ETF by 214.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after acquiring an additional 1,074 shares during the last quarter. New Wave Wealth Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $79,000. Farther Finance Advisors LLC increased its stake in Simplify Managed Futures Strategy ETF by 72.9% in the 4th quarter. Farther Finance Advisors LLC now owns 5,013 shares of the company’s stock worth $140,000 after acquiring an additional 2,113 shares during the last quarter. Finally, World Equity Group Inc. bought a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $311,000.

Simplify Managed Futures Strategy ETF Stock Up 0.4%

NYSEARCA:CTA opened at $27.51 on Monday. Simplify Managed Futures Strategy ETF has a 1 year low of $25.66 and a 1 year high of $30.21. The stock’s 50 day simple moving average is $28.44 and its two-hundred day simple moving average is $28.32.

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.