Philip James Wealth Mangement LLC Has $5.55 Million Position in Simplify Managed Futures Strategy ETF $CTA

Philip James Wealth Mangement LLC raised its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 4.2% in the second quarter, HoldingsChannel.com reports. The fund owned 207,438 shares of the company’s stock after purchasing an additional 8,371 shares during the quarter. Philip James Wealth Mangement LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $5,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its stake in Simplify Managed Futures Strategy ETF by 47.0% in the first quarter. AE Wealth Management LLC now owns 972,082 shares of the company’s stock valued at $28,774,000 after acquiring an additional 310,814 shares during the last quarter. LPL Financial LLC lifted its stake in Simplify Managed Futures Strategy ETF by 77.0% in the first quarter. LPL Financial LLC now owns 743,913 shares of the company’s stock valued at $22,020,000 after acquiring an additional 323,572 shares during the last quarter. Beacon Capital Management LLC lifted its stake in Simplify Managed Futures Strategy ETF by 3.1% in the second quarter. Beacon Capital Management LLC now owns 743,247 shares of the company’s stock valued at $19,874,000 after acquiring an additional 22,181 shares during the last quarter. HighTower Advisors LLC lifted its stake in 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 acquiring an additional 463,768 shares during the last quarter. Finally, Pasadena Private Wealth LLC lifted its stake in 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 acquiring an additional 360,001 shares during the last quarter.

Simplify Managed Futures Strategy ETF Trading Down 0.6%

Shares of CTA stock opened at $27.80 on Thursday. The company has a fifty day moving average price of $27.62 and a two-hundred day moving average price of $27.84. Simplify Managed Futures Strategy ETF has a one year low of $25.71 and a one year 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.