Principia Wealth Advisory LLC Purchases 50,957 Shares of Simplify Managed Futures Strategy ETF $CTA

Principia Wealth Advisory LLC increased its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 255.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 70,899 shares of the company’s stock after acquiring an additional 50,957 shares during the period. Simplify Managed Futures Strategy ETF comprises about 0.5% of Principia Wealth Advisory LLC’s portfolio, making the stock its 22nd biggest position. Principia Wealth Advisory LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $1,933,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CTA. Independence Wealth Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter worth $24,263,000. IAG Wealth Partners LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth $21,713,000. Wealth Enhancement Advisory Services LLC grew its position in Simplify Managed Futures Strategy ETF by 25.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after acquiring an additional 592,038 shares during the last quarter. Assetmark Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter worth $15,373,000. Finally, Ferguson Shapiro LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter worth $10,505,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA stock opened at $29.13 on Friday. Simplify Managed Futures Strategy ETF has a twelve month low of $26.36 and a twelve month high of $32.76. The stock’s fifty day simple moving average is $30.43 and its 200 day simple moving average is $28.95.

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.