Financial Discovery Group Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 116,557 shares of the company’s stock, valued at approximately $3,522,000. Simplify Managed Futures Strategy ETF accounts for approximately 8.2% of Financial Discovery Group Inc.’s investment portfolio, making the stock its 4th largest holding.
Other hedge funds and other institutional investors have also modified their holdings of the company. Independence Wealth Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the fourth quarter worth about $24,263,000. Wealth Enhancement Advisory Services LLC grew its position in Simplify Managed Futures Strategy ETF by 25.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock valued at $80,162,000 after buying an additional 592,038 shares in the last quarter. Assetmark Inc. acquired a new position in Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $15,373,000. Beaumont Financial Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $15,140,000. Finally, &PARTNERS raised its position in shares of Simplify Managed Futures Strategy ETF by 4,691.0% during the 4th quarter. &PARTNERS now owns 472,825 shares of the company’s stock worth $12,889,000 after buying an additional 462,956 shares in the last quarter.
Simplify Managed Futures Strategy ETF Stock Up 2.3%
Shares of NYSEARCA:CTA opened at $27.12 on Friday. The company has a 50 day moving average of $28.35 and a 200-day moving average of $28.98. Simplify Managed Futures Strategy ETF has a twelve month low of $25.64 and a twelve month high of $32.76.
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.
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