Private Client Services LLC Invests $5 Million in Simplify Managed Futures Strategy ETF $CTA

Private Client Services LLC purchased a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 192,774 shares of the company’s stock, valued at approximately $5,001,000. Simplify Managed Futures Strategy ETF makes up about 1.3% of Private Client Services LLC’s investment portfolio, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CTA. Longview Financial Advisors Inc. lifted its holdings in Simplify Managed Futures Strategy ETF by 14.8% during the 2nd quarter. Longview Financial Advisors Inc. now owns 236,837 shares of the company’s stock worth $6,144,000 after buying an additional 30,454 shares during the last quarter. Global Wealth Strategies & Associates increased its holdings in shares of Simplify Managed Futures Strategy ETF by 7.8% in the 2nd quarter. Global Wealth Strategies & Associates now owns 34,371 shares of the company’s stock valued at $892,000 after acquiring an additional 2,494 shares during the last quarter. Parallel Advisors LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at approximately $42,000. Boothe Investment Group Inc. raised its position in shares of Simplify Managed Futures Strategy ETF by 0.6% during the 1st quarter. Boothe Investment Group Inc. now owns 1,738,929 shares of the company’s stock valued at $52,550,000 after acquiring an additional 10,425 shares in the last quarter. Finally, Western Wealth Management LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 3.2% during the 1st quarter. Western Wealth Management LLC now owns 114,544 shares of the company’s stock valued at $3,462,000 after acquiring an additional 3,567 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA opened at $26.23 on Tuesday. The business’s fifty day moving average price is $27.43 and its 200 day moving average price is $28.97. Simplify Managed Futures Strategy ETF has a 12-month low of $25.64 and a 12-month high of $32.76.

About Simplify Managed Futures Strategy ETF

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.