Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Large Volume Increase – Should You Buy?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) saw an uptick in trading volume on Tuesday . 481,881 shares changed hands during trading, an increase of 98% from the previous session’s volume of 243,828 shares.The stock last traded at $29.60 and had previously closed at $29.35.

Simplify Managed Futures Strategy ETF Trading Up 0.9 %

The stock’s fifty day simple moving average is $29.00 and its 200 day simple moving average is $27.67.

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

Several large investors have recently made changes to their positions in CTA. ORG Wealth Partners LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF by 2.2% in the 4th quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock valued at $916,000 after purchasing an additional 711 shares during the last quarter. Truist Financial Corp raised its stake in shares of Simplify Managed Futures Strategy ETF by 4.3% in the fourth quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock valued at $557,000 after acquiring an additional 832 shares during the period. Betterment LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 5.1% in the 4th quarter. Betterment LLC now owns 19,279 shares of the company’s stock worth $538,000 after acquiring an additional 927 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 94.1% during the 4th quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock worth $55,000 after purchasing an additional 963 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in Simplify Managed Futures Strategy ETF by 214.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after purchasing an additional 1,074 shares during the last quarter.

About Simplify Managed Futures Strategy ETF

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.