39,743 Shares of Simplify Managed Futures Strategy ETF $CTA Bought by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. purchased a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the third quarter, HoldingsChannel.com reports. The firm purchased 39,743 shares of the company’s stock, valued at approximately $1,146,000.

Other large investors also recently bought and sold shares of the company. Legacy Capital Group California Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth $1,083,000. Principia Wealth Advisory LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 47.1% in the 2nd quarter. Principia Wealth Advisory LLC now owns 140,243 shares of the company’s stock valued at $3,638,000 after buying an additional 44,936 shares during the period. Worth Asset Management LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $767,000. Pasadena Private Wealth LLC grew its position in shares of Simplify Managed Futures Strategy ETF by 83.1% during the 1st quarter. Pasadena Private Wealth LLC now owns 523,677 shares of the company’s stock valued at $15,826,000 after buying an additional 237,614 shares during the last quarter. Finally, Money Concepts Capital Corp bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $4,612,000.

Simplify Managed Futures Strategy ETF Stock Up 2.0%

Shares of NYSEARCA:CTA traded up $0.58 during trading on Thursday, hitting $29.36. 285,174 shares of the company traded hands, compared to its average volume of 621,557. The business’s fifty day moving average is $28.35 and its 200-day moving average is $28.73. Simplify Managed Futures Strategy ETF has a one year low of $25.39 and a one year high of $32.76.

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.