Fiduciary Alliance LLC Increases Stock Position in Simplify Managed Futures Strategy ETF $CTA

Fiduciary Alliance LLC boosted its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 149.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 142,201 shares of the company’s stock after purchasing an additional 85,105 shares during the period. Fiduciary Alliance LLC owned about 0.27% of Simplify Managed Futures Strategy ETF worth $4,166,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Independence Wealth Advisors LLC bought a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at about $24,263,000. IAG Wealth Partners LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the third quarter worth $21,713,000. Wealth Enhancement Advisory Services LLC increased its position in Simplify Managed Futures Strategy ETF by 25.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after buying an additional 592,038 shares during the last quarter. Assetmark Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at $15,373,000. Finally, &PARTNERS lifted 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 valued at $12,889,000 after buying an additional 462,956 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 1.8%

NYSEARCA CTA opened at $26.21 on Thursday. The firm’s 50-day simple moving average is $29.79 and its two-hundred day simple moving average is $29.09. Simplify Managed Futures Strategy ETF has a 52 week low of $26.15 and a 52 week high of $32.76.

Simplify Managed Futures Strategy ETF 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.