Legacy Capital Wealth Partners LLC Lowers Holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Legacy Capital Wealth Partners LLC decreased its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 3.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,643 shares of the company’s stock after selling 585 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $520,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of CTA. Jane Street Group LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter worth about $883,000. Private Advisor Group LLC raised its holdings in Simplify Managed Futures Strategy ETF by 31.6% in the 3rd quarter. Private Advisor Group LLC now owns 23,464 shares of the company’s stock worth $610,000 after purchasing an additional 5,628 shares during the period. Farther Finance Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter worth about $75,000. Wealth Enhancement Advisory Services LLC raised its holdings in Simplify Managed Futures Strategy ETF by 16.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock worth $312,000 after purchasing an additional 1,728 shares during the period. Finally, CWM LLC raised its holdings in Simplify Managed Futures Strategy ETF by 53.9% in the 3rd quarter. CWM LLC now owns 11,756 shares of the company’s stock worth $306,000 after purchasing an additional 4,116 shares during the period.

Simplify Managed Futures Strategy ETF Price Performance

Shares of Simplify Managed Futures Strategy ETF stock opened at $29.40 on Monday. The business has a 50 day simple moving average of $28.45 and a two-hundred day simple moving average of $27.20. Simplify Managed Futures Strategy ETF has a 12 month low of $24.40 and a 12 month high of $29.66.

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.