Beaumont Financial Advisors LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 501,007 shares of the company’s stock, valued at approximately $15,140,000. Simplify Managed Futures Strategy ETF comprises approximately 1.0% of Beaumont Financial Advisors LLC’s holdings, making the stock its 27th largest position. Beaumont Financial Advisors LLC owned about 0.96% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the 1st quarter valued at about $28,000. WFA of San Diego LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter worth approximately $36,000. Comerica Bank raised its stake in Simplify Managed Futures Strategy ETF by 71,450.0% during the 3rd quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after acquiring an additional 1,429 shares during the period. Fifth Third Bancorp bought a new stake in Simplify Managed Futures Strategy ETF during the 1st quarter worth approximately $43,000. Finally, Private Trust Co. NA lifted its holdings in Simplify Managed Futures Strategy ETF by 86.7% during the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after purchasing an additional 857 shares in the last quarter.
Simplify Managed Futures Strategy ETF Trading Down 0.3%
CTA opened at $26.82 on Thursday. Simplify Managed Futures Strategy ETF has a 1-year low of $25.64 and a 1-year high of $32.76. The company has a 50 day simple moving average of $28.51 and a two-hundred day simple moving average of $29.00.
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.
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