FMA Wealth Management LLC Makes New $345,000 Investment in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

FMA Wealth Management LLC purchased a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 14,609 shares of the company’s stock, valued at approximately $345,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CTA. Orion Portfolio Solutions LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the 4th quarter valued at approximately $13,869,000. Clear Creek Financial Management LLC raised its position in Simplify Managed Futures Strategy ETF by 134.7% in the fourth quarter. Clear Creek Financial Management LLC now owns 297,475 shares of the company’s stock valued at $7,020,000 after purchasing an additional 170,740 shares during the period. Peak Financial Advisors LLC lifted its stake in Simplify Managed Futures Strategy ETF by 4.5% during the fourth quarter. Peak Financial Advisors LLC now owns 220,945 shares of the company’s stock worth $5,214,000 after purchasing an additional 9,498 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth $4,046,000. Finally, Bison Wealth LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at $4,086,000.

Simplify Managed Futures Strategy ETF Price Performance

CTA traded down $0.25 during mid-day trading on Friday, hitting $27.60. 67,566 shares of the stock were exchanged, compared to its average volume of 61,958. The firm’s fifty day moving average is $26.60 and its two-hundred day moving average is $25.56. Simplify Managed Futures Strategy ETF has a 1-year low of $23.20 and a 1-year high of $28.33.

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.