Peak Financial Advisors LLC Raises Holdings in Simplify Managed Futures Strategy ETF $CTA

Peak Financial Advisors LLC raised its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 7.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 580,773 shares of the company’s stock after purchasing an additional 40,398 shares during the period. Simplify Managed Futures Strategy ETF accounts for approximately 7.8% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Peak Financial Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $16,244,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CTA. CWM LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 10,420.5% in the 2nd quarter. CWM LLC now owns 2,375,839 shares of the company’s stock valued at $63,530,000 after buying an additional 2,353,256 shares in the last quarter. Bank of America Corp DE lifted its position in Simplify Managed Futures Strategy ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock valued at $46,199,000 after acquiring an additional 12,920 shares during the last quarter. AE Wealth Management LLC lifted its position in Simplify Managed Futures Strategy ETF by 23.3% during the second quarter. AE Wealth Management LLC now owns 1,198,924 shares of the company’s stock valued at $32,059,000 after acquiring an additional 226,842 shares during the last quarter. Boothe Investment Group Inc. acquired a new stake in Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $29,192,000. Finally, Beacon Capital Management LLC grew its holdings in Simplify Managed Futures Strategy ETF by 3.1% in the second quarter. Beacon Capital Management LLC now owns 743,247 shares of the company’s stock worth $19,874,000 after purchasing an additional 22,181 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Up 0.1%

Shares of CTA stock opened at $27.05 on Thursday. Simplify Managed Futures Strategy ETF has a 12-month low of $26.36 and a 12-month high of $30.21. The business’s fifty day simple moving average is $27.42 and its 200-day simple moving average is $27.55.

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.