Simplify Managed Futures Strategy ETF $CTA Position Lowered by Peak Financial Advisors LLC

Peak Financial Advisors LLC trimmed its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 26.2% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 430,361 shares of the company’s stock after selling 152,820 shares during the quarter. Simplify Managed Futures Strategy ETF comprises approximately 5.8% of Peak Financial Advisors LLC’s portfolio, making the stock its 6th biggest position. Peak Financial Advisors LLC owned about 0.82% of Simplify Managed Futures Strategy ETF worth $13,006,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CTA. MBM Wealth Consultants LLC bought a new position in Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $28,000. WFA of San Diego LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $36,000. Comerica Bank grew its stake in shares of Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after acquiring an additional 1,429 shares during the period. Private Trust Co. NA grew its stake in shares of Simplify Managed Futures Strategy ETF by 86.7% in the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after acquiring an additional 857 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter valued at approximately $88,000.

Simplify Managed Futures Strategy ETF Price Performance

CTA opened at $25.92 on Monday. The firm has a 50 day moving average price of $29.66 and a 200-day moving average price of $29.08. Simplify Managed Futures Strategy ETF has a twelve month low of $25.84 and a twelve month 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.