Private Advisor Group LLC Grows Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Private Advisor Group LLC grew its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 128.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 53,675 shares of the company’s stock after buying an additional 30,211 shares during the quarter. Private Advisor Group LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $1,497,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Kestra Investment Management LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the fourth quarter worth $42,000. Geneos Wealth Management Inc. lifted its position in 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 buying an additional 1,074 shares during the period. Farther Finance Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at $75,000. New Wave Wealth Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at $79,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at $91,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $29.07 on Thursday. Simplify Managed Futures Strategy ETF has a 1-year low of $24.40 and a 1-year high of $30.21. The business has a fifty day moving average price of $28.69 and a 200-day moving average price of $27.40.

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.