New York Life Investment Management LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 481,509 shares of the company’s stock, valued at approximately $13,887,000.
Other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at $2,683,000. Brighton Jones LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter valued at $1,176,000. StoneX Group Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter valued at $374,000. Pekin Hardy Strauss Inc. purchased a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth about $2,283,000. Finally, Kestra Advisory Services LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 24.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 236,380 shares of the company’s stock worth $6,817,000 after purchasing an additional 46,489 shares in the last quarter.
Simplify Managed Futures Strategy ETF Stock Performance
Shares of NYSEARCA CTA opened at $26.58 on Thursday. Simplify Managed Futures Strategy ETF has a 52 week low of $25.39 and a 52 week high of $32.76. The business has a 50-day simple moving average of $29.20 and a two-hundred day simple moving average of $28.91.
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.
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