Simplify Managed Futures Strategy ETF $CTA Shares Newly Purchased by ALM First Financial Advisors LLC

ALM First Financial Advisors LLC bought a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 190,286 shares of the company’s stock, valued at approximately $5,488,000. Simplify Managed Futures Strategy ETF accounts for about 0.8% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 16th largest position. ALM First Financial Advisors LLC owned approximately 0.41% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Compass Financial Management LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $26,000. Signature Equity Partners LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 639.2% in the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock worth $27,000 after buying an additional 767 shares in the last quarter. MBM Wealth Consultants LLC purchased a new position in Simplify Managed Futures Strategy ETF during the first quarter valued at $28,000. Montgomery Financial Services LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter worth $33,000. Finally, Parallel Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $42,000.

Simplify Managed Futures Strategy ETF Stock Up 1.2%

Shares of NYSEARCA:CTA traded up $0.34 during trading on Tuesday, reaching $29.96. The company’s stock had a trading volume of 168,740 shares, compared to its average volume of 618,534. Simplify Managed Futures Strategy ETF has a 12 month low of $25.39 and a 12 month high of $32.76. The firm’s 50 day simple moving average is $28.51 and its two-hundred day simple moving average is $28.73.

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.