Financial Enhancement Group LLC Purchases 29,896 Shares of Simplify Managed Futures Strategy ETF $CTA

Financial Enhancement Group LLC acquired a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,896 shares of the company’s stock, valued at approximately $860,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Financial Management LLC purchased a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $26,000. Signature Equity Partners LLC lifted its position in shares of 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 in the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $28,000. Montgomery Financial Services LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $33,000. Finally, Parallel Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $42,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA traded up $0.61 during trading on Thursday, hitting $29.39. The company’s stock had a trading volume of 536,654 shares, compared to its average volume of 622,978. The business has a 50 day moving average price of $28.35 and a two-hundred day moving average price of $28.73. Simplify Managed Futures Strategy ETF has a fifty-two week low of $25.39 and a fifty-two week high of $32.76.

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.