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

Kestra Investment Management LLC purchased a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 4th quarter, Holdings Channel.com reports. The fund purchased 1,491 shares of the company’s stock, valued at approximately $42,000.

Other hedge funds have also added to or reduced their stakes in the company. ORG Wealth Partners LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 2.2% in the fourth quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock valued at $916,000 after acquiring an additional 711 shares during the period. Truist Financial Corp increased its position in shares of Simplify Managed Futures Strategy ETF by 4.3% during the fourth quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock valued at $557,000 after buying an additional 832 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Simplify Managed Futures Strategy ETF by 214.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after buying an additional 1,074 shares during the period. Cambridge Advisors Inc. increased its position in shares of Simplify Managed Futures Strategy ETF by 9.1% during the third quarter. Cambridge Advisors Inc. now owns 20,585 shares of the company’s stock valued at $535,000 after buying an additional 1,717 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 16.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock valued at $312,000 after buying an additional 1,728 shares during the period.

Simplify Managed Futures Strategy ETF Trading Down 0.1 %

Shares of NYSEARCA CTA opened at $29.76 on Friday. Simplify Managed Futures Strategy ETF has a 1 year low of $24.40 and a 1 year high of $30.21. The company’s 50-day moving average is $28.65 and its 200 day moving average is $27.32.

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.