Legacy Capital Group California Inc. Buys 2,007 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Legacy Capital Group California Inc. boosted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,005 shares of the company’s stock after acquiring an additional 2,007 shares during the period. Simplify Managed Futures Strategy ETF accounts for about 0.6% of Legacy Capital Group California Inc.’s portfolio, making the stock its 21st biggest position. Legacy Capital Group California Inc. owned about 1.11% of Simplify Managed Futures Strategy ETF worth $2,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $42,000. Geneos Wealth Management Inc. increased its stake in shares of Simplify Managed Futures Strategy ETF by 214.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after purchasing an additional 1,074 shares during the last quarter. New Wave Wealth Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter valued at $79,000. Farther Finance Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $75,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 4th quarter worth $91,000.

Simplify Managed Futures Strategy ETF Stock Down 1.4 %

NYSEARCA:CTA opened at $29.80 on Friday. Simplify Managed Futures Strategy ETF has a twelve month low of $24.40 and a twelve month high of $30.21. The stock’s 50-day simple moving average is $28.62 and its 200 day simple moving average is $27.30.

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.