Pasadena Private Wealth LLC Buys 237,614 Shares of Simplify Managed Futures Strategy ETF $CTA

Pasadena Private Wealth LLC raised its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 83.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 523,677 shares of the company’s stock after purchasing an additional 237,614 shares during the quarter. Simplify Managed Futures Strategy ETF makes up about 2.2% of Pasadena Private Wealth LLC’s holdings, making the stock its 12th biggest holding. Pasadena Private Wealth LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $15,826,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 12.6% during the 4th quarter. CWM LLC now owns 2,939,794 shares of the company’s stock valued at $80,139,000 after purchasing an additional 328,154 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Simplify Managed Futures Strategy ETF by 25.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after buying an additional 592,038 shares in the last quarter. Boothe Investment Group Inc. raised its stake in Simplify Managed Futures Strategy ETF by 9.9% in the fourth quarter. Boothe Investment Group Inc. now owns 1,728,504 shares of the company’s stock worth $47,119,000 after buying an additional 156,382 shares in the last quarter. Bank of America Corp DE lifted its holdings in Simplify Managed Futures Strategy ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock worth $46,199,000 after buying an additional 12,920 shares during the period. Finally, LPL Financial LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 28.8% in the fourth quarter. LPL Financial LLC now owns 1,072,343 shares of the company’s stock worth $29,232,000 after buying an additional 239,712 shares during the period.

Simplify Managed Futures Strategy ETF Price Performance

Simplify Managed Futures Strategy ETF stock opened at $25.92 on Monday. The stock’s 50 day simple moving average is $29.66 and its two-hundred day simple moving average is $29.08. Simplify Managed Futures Strategy ETF has a fifty-two week low of $25.84 and a fifty-two week high of $32.76.

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.