Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Stock Price Down 3.3% – What’s Next?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares fell 3.3% during trading on Monday . The stock traded as low as $27.17 and last traded at $27.20. Approximately 34,187 shares were traded during trading, a decline of 94% from the average session volume of 602,874 shares. The stock had previously closed at $28.12.

Simplify Managed Futures Strategy ETF Price Performance

The business’s 50-day moving average is $27.98 and its two-hundred day moving average is $29.01.

Institutional Trading of Simplify Managed Futures Strategy ETF

A number of hedge funds and other institutional investors have recently modified their holdings of CTA. Signature Equity Partners LLC raised its holdings 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 acquiring an additional 767 shares in 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 position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $36,000. Comerica Bank increased its position in shares of Simplify Managed Futures Strategy ETF by 71,450.0% during the 3rd 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. Finally, Parallel Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter worth approximately $42,000.

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.