Philip James Wealth Mangement LLC Has $8.17 Million Holdings in Simplify Managed Futures Strategy ETF $CTA

Philip James Wealth Mangement LLC grew its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 40.7% in the third quarter, Holdings Channel reports. The fund owned 291,928 shares of the company’s stock after acquiring an additional 84,490 shares during the quarter. Simplify Managed Futures Strategy ETF accounts for 1.0% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 24th largest holding. Philip James Wealth Mangement LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $8,165,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CTA. Evolution Wealth Management Inc. acquired a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter worth about $31,000. WFA of San Diego LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter worth about $36,000. J.Safra Asset Management Corp acquired a new position in shares of Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $52,000. CoreCap Advisors LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 34.0% in the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock valued at $55,000 after buying an additional 502 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at approximately $65,000.

Simplify Managed Futures Strategy ETF Trading Up 1.1%

NYSEARCA:CTA opened at $27.84 on Friday. Simplify Managed Futures Strategy ETF has a one year low of $26.36 and a one year high of $30.21. The firm’s 50 day simple moving average is $27.18 and its 200 day simple moving average is $27.50.

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.