HighTower Advisors LLC Buys 3,509 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

HighTower Advisors LLC boosted its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 1.5% in the 4th quarter, Holdings Channel reports. The firm owned 242,547 shares of the company’s stock after acquiring an additional 3,509 shares during the quarter. HighTower Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $6,765,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Beacon Capital Management LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth $10,348,000. Proficio Capital Partners LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the 4th quarter valued at about $5,387,000. Pasadena Private Wealth LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $5,046,000. Philip James Wealth Mangement LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth about $4,521,000. Finally, Altiora Financial Group LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 131.5% in the fourth quarter. Altiora Financial Group LLC now owns 281,631 shares of the company’s stock worth $7,855,000 after purchasing an additional 159,961 shares during the last quarter.

Simplify Managed Futures Strategy ETF Trading Up 0.9 %

Shares of Simplify Managed Futures Strategy ETF stock opened at $29.61 on Wednesday. Simplify Managed Futures Strategy ETF has a 1 year low of $24.73 and a 1 year high of $30.21. The company has a 50 day simple moving average of $29.03 and a two-hundred day simple moving average of $27.69.

Simplify Managed Futures Strategy ETF Company 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.