Magnolia Private Wealth LLC Takes Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Magnolia Private Wealth LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,755 shares of the company’s stock, valued at approximately $356,000. Magnolia Private Wealth LLC owned 0.19% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Beacon Capital Management LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth approximately $10,348,000. Peak Financial Advisors LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 3.1% during the 4th quarter. Peak Financial Advisors LLC now owns 324,683 shares of the company’s stock valued at $9,055,000 after buying an additional 9,773 shares during the period. HighTower Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter valued at $6,214,000. Pasadena Private Wealth LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth $5,046,000. Finally, Longview Financial Advisors Inc. increased its position in Simplify Managed Futures Strategy ETF by 6.3% in the 4th quarter. Longview Financial Advisors Inc. now owns 179,828 shares of the company’s stock worth $5,015,000 after purchasing an additional 10,729 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 1.0 %

CTA stock opened at $29.20 on Wednesday. Simplify Managed Futures Strategy ETF has a 1 year low of $24.40 and a 1 year high of $30.21. The company has a fifty day simple moving average of $28.68 and a 200 day simple moving average of $27.39.

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.