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

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $32.76 and last traded at $32.66, with a volume of 417129 shares. The stock had previously closed at $32.02.

Simplify Managed Futures Strategy ETF Trading Up 0.3%

The business has a fifty day moving average price of $30.35 and a 200-day moving average price of $28.72.

Institutional Trading of Simplify Managed Futures Strategy ETF

A number of large investors have recently made changes to their positions in the stock. Signature Equity Partners LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 639.2% during the first quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after purchasing an additional 767 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 1st quarter worth approximately $28,000. WFA of San Diego LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at $36,000. Parallel Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at $42,000. Finally, Fifth Third Bancorp bought a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at $43,000.

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.