Simplify Managed Futures Strategy ETF $CTA Stock Sold by Independence Wealth Advisors LLC

Independence Wealth Advisors LLC trimmed its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 14.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 832,782 shares of the company’s stock after selling 140,980 shares during the period. Simplify Managed Futures Strategy ETF accounts for 11.4% of Independence Wealth Advisors LLC’s portfolio, making the stock its 3rd largest holding. Independence Wealth Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $24,017,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Signature Equity Partners LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF by 639.2% during the 1st quarter. Signature Equity Partners LLC now owns 887 shares of the company’s stock valued at $27,000 after buying an additional 767 shares in the last quarter. Compass Financial Management LLC bought a new stake in Simplify Managed Futures Strategy ETF during the second quarter valued at about $26,000. Montgomery Financial Services LLC bought a new stake in Simplify Managed Futures Strategy ETF during the second quarter valued at about $33,000. Parallel Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at about $42,000. Finally, Fifth Third Bancorp purchased a new position in shares of Simplify Managed Futures Strategy ETF in the first quarter valued at about $43,000.

Simplify Managed Futures Strategy ETF Price Performance

NYSEARCA CTA opened at $29.94 on Monday. The business has a 50-day moving average price of $29.33 and a 200-day moving average price of $28.94. Simplify Managed Futures Strategy ETF has a twelve month low of $25.39 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.