New York Life Investment Management LLC Has $8.58 Million Position in Simplify Managed Futures Strategy ETF $CTA

New York Life Investment Management LLC increased its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 142.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 320,834 shares of the company’s stock after purchasing an additional 188,513 shares during the period. New York Life Investment Management LLC owned approximately 0.83% of Simplify Managed Futures Strategy ETF worth $8,579,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC grew its stake in Simplify Managed Futures Strategy ETF by 10,420.5% during the second quarter. CWM LLC now owns 2,375,839 shares of the company’s stock worth $63,530,000 after buying an additional 2,353,256 shares during the last quarter. Boothe Investment Group Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the second quarter worth about $29,192,000. HighTower Advisors LLC grew its stake in Simplify Managed Futures Strategy ETF by 191.2% during the first quarter. HighTower Advisors LLC now owns 706,315 shares of the company’s stock worth $20,907,000 after buying an additional 463,768 shares during the last quarter. Private Advisor Group LLC grew its stake in Simplify Managed Futures Strategy ETF by 695.5% during the first quarter. Private Advisor Group LLC now owns 427,004 shares of the company’s stock worth $12,639,000 after buying an additional 373,329 shares during the last quarter. Finally, Pasadena Private Wealth LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 199.0% during the first quarter. Pasadena Private Wealth LLC now owns 540,935 shares of the company’s stock valued at $16,012,000 after purchasing an additional 360,001 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 0.7%

NYSEARCA:CTA opened at $26.90 on Wednesday. The stock’s fifty day moving average price is $27.94 and its two-hundred day moving average price is $27.71. Simplify Managed Futures Strategy ETF has a 52-week low of $26.10 and a 52-week high of $30.21.

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.