Pasadena Private Wealth LLC Purchases 237,614 Shares of Simplify Managed Futures Strategy ETF $CTA

Pasadena Private Wealth LLC raised its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 83.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 523,677 shares of the company’s stock after buying an additional 237,614 shares during the period. Simplify Managed Futures Strategy ETF comprises about 2.2% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 12th biggest holding. Pasadena Private Wealth LLC owned approximately 1.00% of Simplify Managed Futures Strategy ETF worth $15,826,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the first quarter valued at about $28,000. WFA of San Diego LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter worth about $36,000. Comerica Bank grew its stake in shares of Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after purchasing an additional 1,429 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Simplify Managed Futures Strategy ETF by 86.7% in the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after purchasing an additional 857 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $88,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $25.92 on Monday. The stock’s 50-day moving average is $29.66 and its 200 day moving average is $29.08. Simplify Managed Futures Strategy ETF has a 1 year low of $25.84 and a 1 year high of $32.76.

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.