Simplify Managed Futures Strategy ETF $CTA Stock: Independence Wealth Advisors LLC Decreases Stake

Independence Wealth Advisors LLC lessened its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 14.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 832,782 shares of the company’s stock after selling 140,980 shares during the quarter. Simplify Managed Futures Strategy ETF makes up 11.4% of Independence Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. Independence Wealth Advisors LLC owned 1.83% of Simplify Managed Futures Strategy ETF worth $24,017,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of Simplify Managed Futures Strategy ETF by 336.9% in the 1st quarter. Bank of America Corp DE now owns 4,467,832 shares of the company’s stock worth $135,018,000 after purchasing an additional 3,445,308 shares in the last quarter. Beaumont Financial Advisors LLC purchased a new position in Simplify Managed Futures Strategy ETF during the first quarter valued at $15,140,000. Deane Retirement Strategies Inc. lifted its position in Simplify Managed Futures Strategy ETF by 49.7% during the second quarter. Deane Retirement Strategies Inc. now owns 597,723 shares of the company’s stock valued at $15,506,000 after purchasing an additional 198,385 shares in the last quarter. Private Client Services LLC bought a new stake in Simplify Managed Futures Strategy ETF during the second quarter valued at about $5,001,000. Finally, ALM First Financial Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF during the third quarter valued at about $5,488,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA opened at $29.94 on Monday. The business has a 50-day simple moving average of $29.33 and a two-hundred day simple moving average of $28.94. Simplify Managed Futures Strategy ETF has a 52 week low of $25.39 and a 52 week 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.