Peak Financial Advisors LLC Increases Stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Peak Financial Advisors LLC boosted its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 23.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 272,639 shares of the company’s stock after buying an additional 51,694 shares during the period. Simplify Managed Futures Strategy ETF accounts for approximately 4.1% of Peak Financial Advisors LLC’s portfolio, making the stock its 4th largest position. Peak Financial Advisors LLC owned 6.22% of Simplify Managed Futures Strategy ETF worth $6,802,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CTA. Cambridge Advisors Inc. lifted its position in Simplify Managed Futures Strategy ETF by 13.2% during the fourth quarter. Cambridge Advisors Inc. now owns 17,710 shares of the company’s stock valued at $418,000 after purchasing an additional 2,072 shares in the last quarter. FMA Wealth Management LLC purchased a new position in Simplify Managed Futures Strategy ETF during the fourth quarter worth $345,000. Aries Wealth Management grew its stake in shares of Simplify Managed Futures Strategy ETF by 21.7% during the fourth quarter. Aries Wealth Management now owns 39,320 shares of the company’s stock valued at $928,000 after buying an additional 7,000 shares during the last quarter. Fermata Advisors LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 6.4% during the 4th quarter. Fermata Advisors LLC now owns 14,891 shares of the company’s stock valued at $351,000 after buying an additional 892 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 62.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 36,721 shares of the company’s stock valued at $867,000 after purchasing an additional 14,102 shares during the period.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA stock traded up $0.24 during mid-day trading on Monday, hitting $26.86. 134,077 shares of the stock traded hands, compared to its average volume of 70,011. Simplify Managed Futures Strategy ETF has a 52-week low of $23.20 and a 52-week high of $28.33. The stock’s fifty day moving average is $27.23 and its two-hundred day moving average is $25.67.

Simplify Managed Futures Strategy ETF 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.