Avantax Advisory Services Inc. Purchases New Stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Avantax Advisory Services Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTAFree Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,619 shares of the company’s stock, valued at approximately $623,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at $126,000. UBS Group AG bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter valued at $178,000. Kestra Private Wealth Services LLC bought a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter worth $201,000. HighTower Advisors LLC bought a new position in Simplify Managed Futures Strategy ETF in the 4th quarter worth $204,000. Finally, National Bank of Canada FI raised its holdings in Simplify Managed Futures Strategy ETF by 13.4% in the 2nd quarter. National Bank of Canada FI now owns 8,658 shares of the company’s stock worth $220,000 after purchasing an additional 1,021 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA CTA opened at $24.52 on Friday. Simplify Managed Futures Strategy ETF has a 12 month low of $23.20 and a 12 month high of $28.22. The firm has a fifty day simple moving average of $24.50 and a two-hundred day simple moving average of $25.73.

Simplify Managed Futures Strategy ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

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