Worth Asset Management LLC Takes Position in Simplify Managed Futures Strategy ETF $CTA

Worth Asset Management LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 25,367 shares of the company’s stock, valued at approximately $767,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its holdings in Simplify Managed Futures Strategy ETF by 4.8% during the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock valued at $273,000 after purchasing an additional 451 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Simplify Managed Futures Strategy ETF by 4.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock worth $334,000 after purchasing an additional 508 shares during the period. J.Safra Asset Management Corp increased its stake in shares of Simplify Managed Futures Strategy ETF by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing an additional 527 shares in the last quarter. Betterment LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 3.7% in the fourth quarter. Betterment LLC now owns 20,722 shares of the company’s stock worth $565,000 after purchasing an additional 736 shares in the last quarter. Finally, Private Trust Co. NA raised its position in shares of Simplify Managed Futures Strategy ETF by 86.7% during the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after purchasing an additional 857 shares during the period.

Simplify Managed Futures Strategy ETF Stock Performance

CTA opened at $26.97 on Tuesday. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $32.76. The firm’s fifty day moving average is $29.91 and its 200 day moving average is $29.10.

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.