Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Reaches New 52-Week Low – Should You Sell?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)’s stock price hit a new 52-week low on Tuesday . The company traded as low as $25.46 and last traded at $25.50, with a volume of 74603 shares trading hands. The stock had previously closed at $26.23.

Simplify Managed Futures Strategy ETF Trading Up 0.3%

The company’s 50-day moving average is $27.26 and its 200-day moving average is $28.94.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Signature Equity Partners LLC boosted its holdings in Simplify Managed Futures Strategy ETF by 639.2% in the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after acquiring an additional 767 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $28,000. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter worth $36,000. Parallel Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 1st quarter worth $42,000. Finally, Fifth Third Bancorp bought a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter worth $43,000.

About Simplify Managed Futures Strategy ETF

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.