AlphaCore Capital LLC Purchases New Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

AlphaCore Capital LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,471 shares of the company’s stock, valued at approximately $103,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AE Wealth Management LLC grew its position in Simplify Managed Futures Strategy ETF by 47.0% in the 1st quarter. AE Wealth Management LLC now owns 972,082 shares of the company’s stock worth $28,774,000 after purchasing an additional 310,814 shares during the period. LPL Financial LLC grew its position in Simplify Managed Futures Strategy ETF by 77.0% in the 1st quarter. LPL Financial LLC now owns 743,913 shares of the company’s stock worth $22,020,000 after purchasing an additional 323,572 shares during the period. Beacon Capital Management LLC grew its position in Simplify Managed Futures Strategy ETF by 94.3% in the 1st quarter. Beacon Capital Management LLC now owns 721,066 shares of the company’s stock worth $21,344,000 after purchasing an additional 350,049 shares during the period. Pasadena Private Wealth LLC grew its position in Simplify Managed Futures Strategy ETF by 199.0% in the 1st quarter. Pasadena Private Wealth LLC now owns 540,935 shares of the company’s stock worth $16,012,000 after purchasing an additional 360,001 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Simplify Managed Futures Strategy ETF by 28.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 465,421 shares of the company’s stock worth $12,981,000 after purchasing an additional 104,266 shares during the period.

Simplify Managed Futures Strategy ETF Stock Down 0.2%

NYSEARCA:CTA opened at $26.90 on Tuesday. Simplify Managed Futures Strategy ETF has a 12 month low of $25.69 and a 12 month high of $30.21. The company has a 50 day simple moving average of $27.53 and a two-hundred day simple moving average of $28.20.

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.