NorthCrest Asset Manangement LLC Takes $1.03 Million Position in Simplify Managed Futures Strategy ETF $CTA

NorthCrest Asset Manangement LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the third quarter, Holdings Channel reports. The institutional investor bought 36,338 shares of the company’s stock, valued at approximately $1,025,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Evolution Wealth Management Inc. acquired a new stake in Simplify Managed Futures Strategy ETF in the second quarter worth $31,000. WFA of San Diego LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth about $36,000. J.Safra Asset Management Corp acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $52,000. CoreCap Advisors LLC grew its stake in shares of 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 valued at $55,000 after buying an additional 502 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $65,000.

Simplify Managed Futures Strategy ETF Stock Up 0.7%

CTA stock opened at $27.75 on Wednesday. The stock’s 50 day simple moving average is $27.27 and its 200 day simple moving average is $27.56. 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 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.