Capital Financial Group Inc. Co. ADV Invests $1.52 Million in Simplify Managed Futures Strategy ETF $CTA

Capital Financial Group Inc. Co. ADV bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 55,798 shares of the company’s stock, valued at approximately $1,521,000.

A number of other large investors also recently made changes to their positions in the company. CWM LLC increased its stake in Simplify Managed Futures Strategy ETF by 12.6% during the 4th quarter. CWM LLC now owns 2,939,794 shares of the company’s stock worth $80,139,000 after acquiring an additional 328,154 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Simplify Managed Futures Strategy ETF by 25.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after acquiring an additional 592,038 shares during the period. Boothe Investment Group Inc. increased its stake in Simplify Managed Futures Strategy ETF by 9.9% during the 4th quarter. Boothe Investment Group Inc. now owns 1,728,504 shares of the company’s stock worth $47,119,000 after acquiring an additional 156,382 shares during the period. Bank of America Corp DE increased its stake in Simplify Managed Futures Strategy ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock worth $46,199,000 after acquiring an additional 12,920 shares during the period. Finally, LPL Financial LLC increased its stake in Simplify Managed Futures Strategy ETF by 28.8% during the 4th quarter. LPL Financial LLC now owns 1,072,343 shares of the company’s stock worth $29,232,000 after acquiring an additional 239,712 shares during the period.

Simplify Managed Futures Strategy ETF Stock Performance

Simplify Managed Futures Strategy ETF stock opened at $27.86 on Tuesday. The stock’s fifty day moving average price is $30.21 and its two-hundred day moving average price is $29.10. Simplify Managed Futures Strategy ETF has a one year low of $26.36 and a one year high of $32.76.

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.