Peak Financial Advisors LLC Increases Position in Simplify Managed Futures Strategy ETF $CTA

Peak Financial Advisors LLC boosted its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 580,773 shares of the company’s stock after purchasing an additional 40,398 shares during the quarter. Simplify Managed Futures Strategy ETF comprises about 7.8% of Peak Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. Peak Financial Advisors LLC owned 1.37% of Simplify Managed Futures Strategy ETF worth $16,244,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CTA. Evolution Wealth Management Inc. purchased a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter valued at $31,000. WFA of San Diego LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the second quarter worth about $36,000. J.Safra Asset Management Corp bought a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter worth about $52,000. Ameritas Advisory Services LLC purchased a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $65,000. Finally, Simplex Trading LLC purchased a new position in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $70,000.

Simplify Managed Futures Strategy ETF Stock Up 0.1%

Shares of CTA opened at $27.05 on Thursday. The company has a 50 day moving average price of $27.42 and a 200-day moving average price of $27.55. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $30.21.

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.