Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $31.08, but opened at $30.17. Simplify Managed Futures Strategy ETF shares last traded at $30.50, with a volume of 108,839 shares changing hands.
Simplify Managed Futures Strategy ETF Stock Performance
The company’s 50-day simple moving average is $27.36 and its 200-day simple moving average is $28.84.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of CTA. IAG Wealth Partners LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 4.6% in the fourth quarter. IAG Wealth Partners LLC now owns 811,968 shares of the company’s stock valued at $22,134,000 after purchasing an additional 35,670 shares during the period. IFG Advisory LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth $3,972,000. Fielder Capital Group LLC grew its position in Simplify Managed Futures Strategy ETF by 15.1% in the 4th quarter. Fielder Capital Group LLC now owns 417,734 shares of the company’s stock valued at $11,387,000 after buying an additional 54,856 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $539,000. Finally, Vise Technologies Inc. increased its stake in Simplify Managed Futures Strategy ETF by 204.4% in the 4th quarter. Vise Technologies Inc. now owns 91,075 shares of the company’s stock valued at $2,483,000 after buying an additional 61,152 shares during the period.
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.
See Also
- Five stocks we like better than Simplify Managed Futures Strategy ETF
- Amgen Drops 10% on a Trial It Didn’t Even Run
- Oracle’s AI Spending Is Still Huge, But the Payoff Is Starting to Show in Earnings
- TSMC Revenue Jumps 53% in August, Signaling Strong AI Chip Demand
- This AI ETF Is Missing the Biggest AI Winners
Receive News & Ratings for Simplify Managed Futures Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Managed Futures Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
