Independence Wealth Advisors LLC Acquires 61,423 Shares of Simplify Managed Futures Strategy ETF $CTA

Independence Wealth Advisors LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 6.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 951,474 shares of the company’s stock after purchasing an additional 61,423 shares during the period. Simplify Managed Futures Strategy ETF comprises approximately 15.3% of Independence Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding. Independence Wealth Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $28,754,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of CTA. MBM Wealth Consultants LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter valued at approximately $28,000. RFG Advisory LLC increased its position in Simplify Managed Futures Strategy ETF by 7.0% during the first quarter. RFG Advisory LLC now owns 54,951 shares of the company’s stock worth $1,661,000 after buying an additional 3,611 shares in the last quarter. Worth Asset Management LLC purchased a new position in Simplify Managed Futures Strategy ETF during the first quarter worth $767,000. PMV Capital Advisers LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 5.5% in the first quarter. PMV Capital Advisers LLC now owns 138,001 shares of the company’s stock worth $4,170,000 after acquiring an additional 7,182 shares during the last quarter. Finally, Upper Left Wealth Management LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 11.7% in the first quarter. Upper Left Wealth Management LLC now owns 132,990 shares of the company’s stock worth $4,019,000 after acquiring an additional 13,913 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $26.21 on Thursday. Simplify Managed Futures Strategy ETF has a 52-week low of $26.15 and a 52-week high of $32.76. The stock’s fifty day simple moving average is $29.79 and its 200-day simple moving average is $29.09.

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.