Money Concepts Capital Corp Buys Shares of 152,605 Simplify Managed Futures Strategy ETF $CTA

Money Concepts Capital Corp bought a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 152,605 shares of the company’s stock, valued at approximately $4,612,000. Money Concepts Capital Corp owned about 0.29% of Simplify Managed Futures Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Independence Wealth Advisors LLC purchased a new position in Simplify Managed Futures Strategy ETF during the 4th quarter valued at $24,263,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 25.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after purchasing an additional 592,038 shares during the last quarter. Assetmark Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth $15,373,000. &PARTNERS lifted its position in shares of Simplify Managed Futures Strategy ETF by 4,691.0% during the fourth quarter. &PARTNERS now owns 472,825 shares of the company’s stock worth $12,889,000 after purchasing an additional 462,956 shares during the last quarter. Finally, Ferguson Shapiro LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at $10,505,000.

Simplify Managed Futures Strategy ETF Stock Performance

NYSEARCA CTA opened at $25.95 on Friday. The company’s 50-day moving average price is $28.95 and its 200-day moving average price is $29.02. Simplify Managed Futures Strategy ETF has a 12 month low of $25.64 and a 12 month high of $32.76.

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.