Global Wealth Strategies & Associates Invests $1.08 Million in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Global Wealth Strategies & Associates bought a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 38,533 shares of the company’s stock, valued at approximately $1,075,000. Simplify Managed Futures Strategy ETF makes up approximately 0.3% of Global Wealth Strategies & Associates’ holdings, making the stock its 24th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 31.6% during the third quarter. Private Advisor Group LLC now owns 23,464 shares of the company’s stock valued at $610,000 after acquiring an additional 5,628 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $75,000. Wealth Enhancement Advisory Services LLC increased its stake in Simplify Managed Futures Strategy ETF by 16.8% during the 3rd 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 in the last quarter. Jane Street Group LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth $883,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF by 180.0% during the second quarter. Commonwealth Equity Services LLC now owns 23,586 shares of the company’s stock worth $635,000 after buying an additional 15,161 shares during the period.

Simplify Managed Futures Strategy ETF Stock Performance

CTA stock traded up $0.08 during midday trading on Thursday, reaching $27.97. The stock had a trading volume of 310,866 shares, compared to its average volume of 126,894. The firm has a fifty day simple moving average of $27.44 and a two-hundred day simple moving average of $26.70. Simplify Managed Futures Strategy ETF has a 52-week low of $23.20 and a 52-week high of $29.17.

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.