29,896 Shares of Simplify Managed Futures Strategy ETF $CTA Purchased by Financial Enhancement Group LLC

Financial Enhancement Group LLC bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 29,896 shares of the company’s stock, valued at approximately $860,000. Financial Enhancement Group LLC owned 0.06% of Simplify Managed Futures Strategy ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in Simplify Managed Futures Strategy ETF by 62.6% during the third quarter. Farther Finance Advisors LLC now owns 91,565 shares of the company’s stock worth $2,641,000 after acquiring an additional 35,267 shares during the last quarter. Whalen Wealth Management Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at $1,146,000. City Center Advisors LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 19.2% during the 3rd quarter. City Center Advisors LLC now owns 23,925 shares of the company’s stock worth $690,000 after purchasing an additional 3,855 shares during the period. Wealth Enhancement Trust Services Inc. grew its holdings in shares of Simplify Managed Futures Strategy ETF by 14.6% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 69,306 shares of the company’s stock worth $1,999,000 after purchasing an additional 8,845 shares during the period. Finally, Worth Asset Management LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $205,000.

Simplify Managed Futures Strategy ETF Stock Up 2.1%

CTA traded up $0.61 on Thursday, hitting $29.39. The company had a trading volume of 536,654 shares, compared to its average volume of 622,978. Simplify Managed Futures Strategy ETF has a 1 year low of $25.39 and a 1 year high of $32.76. The company’s fifty day moving average price is $28.35 and its 200 day moving average price is $28.73.

About Simplify Managed Futures Strategy ETF

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.