Napa Wealth Management Takes $1.16 Million Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Napa Wealth Management acquired a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 44,646 shares of the company’s stock, valued at approximately $1,161,000. Napa Wealth Management owned 0.66% 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 added to or reduced their stakes in CTA. Private Advisor Group LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 31.6% in the third quarter. Private Advisor Group LLC now owns 23,464 shares of the company’s stock worth $610,000 after acquiring an additional 5,628 shares in the last quarter. Farther Finance Advisors LLC bought a new position in Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $75,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 16.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock valued at $312,000 after buying an additional 1,728 shares during the period. CWM LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 28.6% during the second quarter. CWM LLC now owns 7,640 shares of the company’s stock worth $206,000 after acquiring an additional 1,700 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Simplify Managed Futures Strategy ETF by 8.0% during the second quarter. National Bank of Canada FI now owns 16,727 shares of the company’s stock worth $449,000 after acquiring an additional 1,236 shares during the period.

Simplify Managed Futures Strategy ETF Stock Down 0.3 %

Shares of NYSEARCA CTA opened at $26.94 on Monday. Simplify Managed Futures Strategy ETF has a 1-year low of $23.20 and a 1-year high of $28.33. The company has a fifty day moving average price of $26.40 and a 200 day moving average price of $26.58.

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.