Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.72 and last traded at $25.80, with a volume of 124853 shares. The stock had previously closed at $25.94.
Simplify Managed Futures Strategy ETF Stock Performance
The stock has a 50 day simple moving average of $29.54 and a 200 day simple moving average of $29.07.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Signature Equity Partners LLC lifted its position in Simplify Managed Futures Strategy ETF by 639.2% during the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock worth $27,000 after purchasing an additional 767 shares during the period. MBM Wealth Consultants LLC bought a new position in Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $28,000. WFA of San Diego LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at approximately $36,000. Parallel Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at approximately $42,000. Finally, Fifth Third Bancorp bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 1st quarter worth approximately $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.
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