Financial Discovery Group Inc. Buys Shares of 116,557 Simplify Managed Futures Strategy ETF $CTA

Financial Discovery Group Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 116,557 shares of the company’s stock, valued at approximately $3,522,000. Simplify Managed Futures Strategy ETF accounts for approximately 8.2% of Financial Discovery Group Inc.’s portfolio, making the stock its 4th biggest holding. Financial Discovery Group Inc. owned about 0.22% of Simplify Managed Futures Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Independence Wealth Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 4th quarter worth about $24,263,000. Wealth Enhancement Advisory Services LLC boosted its stake 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 valued at $80,162,000 after purchasing an additional 592,038 shares during the period. Assetmark Inc. acquired a new position in Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $15,373,000. Beaumont Financial Advisors LLC bought a new position in Simplify Managed Futures Strategy ETF in the 1st quarter worth about $15,140,000. Finally, &PARTNERS grew its position in Simplify Managed Futures Strategy ETF by 4,691.0% in the 4th quarter. &PARTNERS now owns 472,825 shares of the company’s stock worth $12,889,000 after purchasing an additional 462,956 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $27.12 on Friday. The firm’s 50 day moving average is $28.35 and its two-hundred day moving average is $28.98. Simplify Managed Futures Strategy ETF has a 52 week low of $25.64 and a 52 week high of $32.76.

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.