Peak Financial Advisors LLC Has $13.01 Million Holdings in Simplify Managed Futures Strategy ETF $CTA

Peak Financial Advisors LLC lowered its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 26.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 430,361 shares of the company’s stock after selling 152,820 shares during the quarter. Simplify Managed Futures Strategy ETF accounts for about 5.8% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Peak Financial Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $13,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc lifted its holdings in Simplify Managed Futures Strategy ETF by 4.8% in the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock valued at $273,000 after acquiring an additional 451 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Simplify Managed Futures Strategy ETF by 4.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock valued at $334,000 after purchasing an additional 508 shares during the period. J.Safra Asset Management Corp grew its stake in shares of Simplify Managed Futures Strategy ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock valued at $158,000 after purchasing an additional 527 shares during the period. Betterment LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 3.7% during the 4th quarter. Betterment LLC now owns 20,722 shares of the company’s stock valued at $565,000 after purchasing an additional 736 shares during the last quarter. Finally, Private Trust Co. NA increased its position in shares of Simplify Managed Futures Strategy ETF by 86.7% during the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after purchasing an additional 857 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $25.92 on Monday. The firm’s 50 day moving average price is $29.66 and its 200-day moving average price is $29.08. Simplify Managed Futures Strategy ETF has a twelve month low of $25.84 and a twelve month high of $32.76.

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.