Cowa LLC Buys 54,645 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Cowa LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 50.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,302 shares of the company’s stock after purchasing an additional 54,645 shares during the quarter. Simplify Managed Futures Strategy ETF comprises approximately 2.0% of Cowa LLC’s investment portfolio, making the stock its 14th biggest position. Cowa LLC owned about 0.46% of Simplify Managed Futures Strategy ETF worth $4,804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 191.2% during the first quarter. HighTower Advisors LLC now owns 706,315 shares of the company’s stock worth $20,907,000 after buying an additional 463,768 shares in the last quarter. Simplex Trading LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth $70,000. National Bank of Canada FI lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 16.6% during the first quarter. National Bank of Canada FI now owns 22,445 shares of the company’s stock worth $664,000 after buying an additional 3,201 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth $103,000. Finally, R. W. Roge & Company Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth $2,293,000.

Simplify Managed Futures Strategy ETF Stock Up 1.1%

CTA stock opened at $27.25 on Friday. The business has a 50-day simple moving average of $27.50 and a 200 day simple moving average of $28.17. Simplify Managed Futures Strategy ETF has a 52 week low of $25.69 and a 52 week high of $30.21.

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.