Stegent Equity Advisors Inc. Has $286,000 Stock Position in Simplify Managed Futures Strategy ETF $CTA

Stegent Equity Advisors Inc. lowered its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 66.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,219 shares of the company’s stock after selling 20,038 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in Simplify Managed Futures Strategy ETF were worth $286,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter valued at approximately $31,000. WFA of San Diego LLC bought a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $36,000. J.Safra Asset Management Corp purchased a new position in Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $52,000. CoreCap Advisors LLC increased its holdings in Simplify Managed Futures Strategy ETF by 34.0% in the 3rd quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock worth $55,000 after acquiring an additional 502 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $65,000.

Simplify Managed Futures Strategy ETF Trading Down 1.6%

Shares of NYSEARCA CTA opened at $27.56 on Friday. The stock has a fifty day moving average of $27.27 and a 200-day moving average of $27.55. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $30.21.

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.