Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Strong Trading Volume – Here’s Why

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares saw unusually-strong trading volume on Tuesday . Approximately 481,881 shares were traded during trading, an increase of 98% from the previous session’s volume of 243,828 shares.The stock last traded at $29.60 and had previously closed at $29.35.

Simplify Managed Futures Strategy ETF Stock Performance

The company has a 50-day moving average of $29.08 and a 200-day moving average of $27.71.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Beacon Capital Management LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $10,348,000. HighTower Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter valued at $6,214,000. Proficio Capital Partners LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $5,387,000. Pasadena Private Wealth LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $5,046,000. Finally, Philip James Wealth Mangement LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $4,521,000.

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.