Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Unusually-High Trading Volume – Should You Buy?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) 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 Trading Up 0.9 %

The firm has a fifty day simple moving average of $29.00 and a 200-day simple moving average of $27.67.

Institutional Trading of Simplify Managed Futures Strategy ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CTA. ORG Wealth Partners LLC increased its position in Simplify Managed Futures Strategy ETF by 2.2% during the 4th quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock worth $916,000 after purchasing an additional 711 shares in the last quarter. Truist Financial Corp increased its position in shares of Simplify Managed Futures Strategy ETF by 4.3% during the fourth quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock worth $557,000 after acquiring an additional 832 shares during the last quarter. Betterment LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 5.1% in the 4th quarter. Betterment LLC now owns 19,279 shares of the company’s stock valued at $538,000 after purchasing an additional 927 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Simplify Managed Futures Strategy ETF by 94.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,986 shares of the company’s stock valued at $55,000 after acquiring an additional 963 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Simplify Managed Futures Strategy ETF by 214.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after buying an additional 1,074 shares during the last quarter.

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.