Encompass More Asset Management Acquires New Shares in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Encompass More Asset Management bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 32,090 shares of the company’s stock, valued at approximately $895,000. Encompass More Asset Management owned approximately 0.47% of Simplify Managed Futures Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of CTA. Astor Investment Management LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the 3rd quarter valued at about $8,492,000. HighTower Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $6,214,000. Whalen Wealth Management Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 4th quarter worth approximately $3,451,000. Altiora Financial Group LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter valued at $3,163,000. Finally, Atria Investments Inc increased its position in Simplify Managed Futures Strategy ETF by 939.5% during the third quarter. Atria Investments Inc now owns 120,296 shares of the company’s stock worth $3,128,000 after buying an additional 108,724 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $28.88 on Friday. Simplify Managed Futures Strategy ETF has a 52-week low of $23.36 and a 52-week high of $29.17. The stock’s fifty day simple moving average is $27.99 and its 200-day simple moving average is $26.89.

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.