IAG Wealth Partners LLC Buys 69,387 Shares of Simplify Managed Futures Strategy ETF $CTA

IAG Wealth Partners LLC raised its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 8.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 890,427 shares of the company’s stock after purchasing an additional 69,387 shares during the quarter. Simplify Managed Futures Strategy ETF comprises about 2.4% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 15th biggest position. IAG Wealth Partners LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $25,680,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Signature Equity Partners LLC raised its stake in shares of Simplify Managed Futures Strategy ETF by 639.2% in the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after acquiring an additional 767 shares during the period. Compass Financial Management LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $26,000. Montgomery Financial Services LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $33,000. Parallel Advisors LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the first quarter valued at approximately $42,000. Finally, Fifth Third Bancorp acquired a new position in Simplify Managed Futures Strategy ETF during the first quarter worth $43,000.

Simplify Managed Futures Strategy ETF Stock Performance

NYSEARCA:CTA opened at $27.04 on Friday. Simplify Managed Futures Strategy ETF has a 52 week low of $25.39 and a 52 week high of $32.76. The stock’s fifty day moving average is $29.16 and its two-hundred day moving average is $28.90.

Simplify Managed Futures Strategy ETF 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.