New York Life Investment Management LLC Reduces Stake in Simplify Managed Futures Strategy ETF $CTA

New York Life Investment Management LLC reduced its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 13.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 430,212 shares of the company’s stock after selling 69,608 shares during the period. New York Life Investment Management LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $11,728,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. WFA of San Diego LLC purchased a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $36,000. Comerica Bank increased its position in Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after buying an additional 1,429 shares in the last quarter. Private Trust Co. NA increased its position in Simplify Managed Futures Strategy ETF by 86.7% during the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after buying an additional 857 shares in the last quarter. CoreCap Advisors LLC increased its position in Simplify Managed Futures Strategy ETF by 34.0% during the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock worth $55,000 after buying an additional 502 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $88,000.

Simplify Managed Futures Strategy ETF Price Performance

Simplify Managed Futures Strategy ETF stock opened at $32.02 on Friday. The stock has a fifty day moving average of $30.35 and a two-hundred day moving average of $28.71. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $32.71.

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.