Kestra Investment Management LLC Makes New $42,000 Investment in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Kestra Investment Management LLC acquired a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,491 shares of the company’s stock, valued at approximately $42,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp grew its position in shares of Simplify Managed Futures Strategy ETF by 4.3% during the 4th 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. Philip James Wealth Mangement LLC bought a new position in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $4,521,000. Beacon Capital Management LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $10,348,000. Aries Wealth Management lifted its stake in Simplify Managed Futures Strategy ETF by 15.3% in the 4th quarter. Aries Wealth Management now owns 51,235 shares of the company’s stock worth $1,429,000 after purchasing an additional 6,800 shares in the last quarter. Finally, Retirement Guys Formula LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $320,000.

Simplify Managed Futures Strategy ETF Trading Down 0.1 %

NYSEARCA CTA opened at $29.76 on Friday. The company’s 50 day simple moving average is $28.65 and its two-hundred day simple moving average is $27.32. Simplify Managed Futures Strategy ETF has a 1 year low of $24.40 and a 1 year high of $30.21.

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.