J.Safra Asset Management Corp Takes Position in Simplify Managed Futures Strategy ETF $CTA

J.Safra Asset Management Corp acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,946 shares of the company’s stock, valued at approximately $52,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 10,420.5% in the second quarter. CWM LLC now owns 2,375,839 shares of the company’s stock valued at $63,530,000 after purchasing an additional 2,353,256 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 191.2% in the first quarter. HighTower Advisors LLC now owns 706,315 shares of the company’s stock valued at $20,907,000 after purchasing an additional 463,768 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 695.5% in the first quarter. Private Advisor Group LLC now owns 427,004 shares of the company’s stock valued at $12,639,000 after purchasing an additional 373,329 shares in the last quarter. Pasadena Private Wealth LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 199.0% in 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 in the last quarter. Finally, Beacon Capital Management LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 94.3% in the first quarter. Beacon Capital Management LLC now owns 721,066 shares of the company’s stock valued at $21,344,000 after purchasing an additional 350,049 shares in the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

CTA stock opened at $28.89 on Wednesday. The firm has a fifty day moving average price of $27.74 and a 200 day moving average price of $27.75. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.10 and a fifty-two week high of $30.21.

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.