SFG Wealth Management LLC. Acquires Shares of 51,074 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

SFG Wealth Management LLC. bought a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 51,074 shares of the company’s stock, valued at approximately $1,375,000. Simplify Managed Futures Strategy ETF accounts for 0.8% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 23rd biggest position. SFG Wealth Management LLC. owned about 0.75% of Simplify Managed Futures Strategy ETF at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of CTA. CWM LLC raised its position in Simplify Managed Futures Strategy ETF by 1,754.0% in the 4th quarter. CWM LLC now owns 6,452 shares of the company’s stock worth $152,000 after purchasing an additional 6,104 shares during the period. Ironsides Asset Advisors LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 13.2% in the first quarter. Ironsides Asset Advisors LLC now owns 10,590 shares of the company’s stock worth $264,000 after buying an additional 1,235 shares during the period. National Bank of Canada FI lifted its stake in shares of Simplify Managed Futures Strategy ETF by 19.8% during the 4th quarter. National Bank of Canada FI now owns 11,994 shares of the company’s stock worth $285,000 after acquiring an additional 1,983 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Simplify Managed Futures Strategy ETF by 42.0% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 12,237 shares of the company’s stock valued at $289,000 after acquiring an additional 3,619 shares during the period. Finally, CreativeOne Wealth LLC bought a new position in Simplify Managed Futures Strategy ETF in the 1st quarter valued at $322,000.

Simplify Managed Futures Strategy ETF Stock Performance

CTA stock traded up $0.33 during midday trading on Friday, reaching $26.53. The company’s stock had a trading volume of 77,423 shares, compared to its average volume of 89,324. Simplify Managed Futures Strategy ETF has a 1 year low of $23.20 and a 1 year high of $28.33. The stock has a fifty day simple moving average of $26.38 and a two-hundred day simple moving average of $26.20.

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.