Pasadena Private Wealth LLC reduced its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) by 18.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 286,063 shares of the company’s stock after selling 65,648 shares during the period. Simplify Managed Futures Strategy ETF accounts for about 1.1% of Pasadena Private Wealth LLC’s holdings, making the stock its 24th biggest holding. Pasadena Private Wealth LLC owned approximately 0.65% of Simplify Managed Futures Strategy ETF worth $7,798,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the second quarter worth about $36,000. Comerica Bank increased its position in Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after purchasing an additional 1,429 shares during the last quarter. Private Trust Co. NA increased its position in shares of Simplify Managed Futures Strategy ETF by 86.7% during the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after acquiring an additional 857 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter valued at about $88,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at about $176,000.
Simplify Managed Futures Strategy ETF Trading Down 0.3%
Shares of CTA opened at $29.13 on Friday. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $32.76. The firm has a 50-day simple moving average of $30.43 and a two-hundred day simple moving average of $28.95.
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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