Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Reaches New 52-Week High – Here’s What Happened

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) reached a new 52-week high on Monday . The stock traded as high as $32.67 and last traded at $32.66, with a volume of 289485 shares changing hands. The stock had previously closed at $32.04.

Simplify Managed Futures Strategy ETF Trading Up 1.8%

The business has a 50-day moving average of $30.08 and a two-hundred day moving average of $28.52.

Institutional Trading of Simplify Managed Futures Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. MBM Wealth Consultants LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $28,000. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $36,000. Comerica Bank grew its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% during the 3rd quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after acquiring an additional 1,429 shares during the last quarter. Fifth Third Bancorp acquired a new position in Simplify Managed Futures Strategy ETF in the 1st quarter valued at approximately $43,000. Finally, Private Trust Co. NA increased its position in Simplify Managed Futures Strategy ETF by 86.7% in the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after acquiring an additional 857 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.