Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Trading 2.7% Higher – Here’s What Happened

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares rose 2.7% during mid-day trading on Monday . The company traded as high as $28.36 and last traded at $28.27. 820,268 shares changed hands during trading, an increase of 41% from the average session volume of 581,517 shares. The stock had previously closed at $27.52.

Simplify Managed Futures Strategy ETF Stock Down 1.1%

The stock has a 50 day moving average of $26.91 and a 200 day moving average of $28.84.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. IAG Wealth Partners LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 4.6% in the 4th quarter. IAG Wealth Partners LLC now owns 811,968 shares of the company’s stock valued at $22,134,000 after buying an additional 35,670 shares during the period. Manning & Napier Advisors LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 498.5% during the fourth quarter. Manning & Napier Advisors LLC now owns 38,142 shares of the company’s stock worth $1,034,000 after purchasing an additional 31,769 shares during the period. IFG Advisory LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth approximately $3,972,000. Fielder Capital Group LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 15.1% in the 4th quarter. Fielder Capital Group LLC now owns 417,734 shares of the company’s stock worth $11,387,000 after purchasing an additional 54,856 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter worth $539,000.

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.