Axxcess Wealth Management LLC Buys Shares of 10,235 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Axxcess Wealth Management LLC bought a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the third quarter, HoldingsChannel.com reports. The firm bought 10,235 shares of the company’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Private Advisor Group LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 31.6% during the third quarter. Private Advisor Group LLC now owns 23,464 shares of the company’s stock valued at $610,000 after purchasing an additional 5,628 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at about $75,000. CWM LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 28.6% during the second quarter. CWM LLC now owns 7,640 shares of the company’s stock valued at $206,000 after purchasing an additional 1,700 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake 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 purchasing an additional 1,728 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in shares of Simplify Managed Futures Strategy ETF by 8.0% during the second quarter. National Bank of Canada FI now owns 16,727 shares of the company’s stock valued at $449,000 after purchasing an additional 1,236 shares in the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA stock opened at $27.02 on Friday. The business’s 50-day moving average price is $26.38 and its 200-day moving average price is $26.59. Simplify Managed Futures Strategy ETF has a 12 month low of $23.20 and a 12 month high of $28.33.

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.