Beaumont Financial Advisors LLC Takes $15.14 Million Position in Simplify Managed Futures Strategy ETF $CTA

Beaumont Financial Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 1st quarter, Holdings Channel reports. The firm acquired 501,007 shares of the company’s stock, valued at approximately $15,140,000. Simplify Managed Futures Strategy ETF comprises approximately 1.0% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 27th largest position.

A number of other hedge funds have also recently made changes to their positions in CTA. IFP Advisors Inc grew its position in shares of Simplify Managed Futures Strategy ETF by 4.8% during the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after purchasing an additional 451 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Simplify Managed Futures Strategy ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock worth $334,000 after purchasing an additional 508 shares in the last quarter. J.Safra Asset Management Corp boosted its stake in Simplify Managed Futures Strategy ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing an additional 527 shares during the period. Betterment LLC boosted its stake in Simplify Managed Futures Strategy ETF by 3.7% in the 4th quarter. Betterment LLC now owns 20,722 shares of the company’s stock worth $565,000 after purchasing an additional 736 shares during the period. Finally, CAP Partners LLC grew its holdings in Simplify Managed Futures Strategy ETF by 5.3% during the 1st quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock valued at $473,000 after buying an additional 782 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 0.3%

Shares of CTA opened at $26.82 on Thursday. Simplify Managed Futures Strategy ETF has a 1 year low of $25.64 and a 1 year high of $32.76. The company has a 50 day simple moving average of $28.51 and a two-hundred day simple moving average of $29.00.

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.