Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sets New 1-Year Low – Time to Sell?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares hit a new 52-week low on Friday . The stock traded as low as $25.64 and last traded at $25.79, with a volume of 24363 shares. The stock had previously closed at $25.95.

Simplify Managed Futures Strategy ETF Price Performance

The stock has a fifty day moving average of $28.95 and a two-hundred day moving average of $29.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Signature Equity Partners LLC increased its holdings in Simplify Managed Futures Strategy ETF by 639.2% in the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after purchasing an additional 767 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the first quarter worth about $28,000. WFA of San Diego LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter worth about $36,000. Comerica Bank boosted its position 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 buying an additional 1,429 shares during the period. Finally, Parallel Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at about $42,000.

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.