Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Shares Bought by Peak Financial Advisors LLC

Peak Financial Advisors LLC increased its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 3.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 324,683 shares of the company’s stock after acquiring an additional 9,773 shares during the quarter. Simplify Managed Futures Strategy ETF makes up 4.7% of Peak Financial Advisors LLC’s holdings, making the stock its 6th largest holding. Peak Financial Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $9,055,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at $75,000. Raleigh Capital Management Inc. purchased a new stake in Simplify Managed Futures Strategy ETF during the third quarter valued at about $171,000. Lloyd Advisory Services LLC. acquired a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth about $216,000. Prospera Private Wealth LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth approximately $239,000. Finally, Axxcess Wealth Management LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth approximately $266,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $28.75 on Wednesday. The firm has a 50 day simple moving average of $27.68 and a 200 day simple moving average of $26.79. Simplify Managed Futures Strategy ETF has a 52 week low of $23.36 and a 52 week high of $29.17.

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.