Simplify Managed Futures Strategy ETF $CTA Stock: Claro Advisors Inc. Raises Stake

Claro Advisors Inc. lifted its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 114.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,504 shares of the company’s stock after purchasing an additional 28,067 shares during the quarter. Claro Advisors Inc. owned 0.12% of Simplify Managed Futures Strategy ETF worth $1,514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CTA. Bank of America Corp DE raised its stake in Simplify Managed Futures Strategy ETF by 336.9% in the first quarter. Bank of America Corp DE now owns 4,467,832 shares of the company’s stock valued at $135,018,000 after purchasing an additional 3,445,308 shares in the last quarter. Beaumont Financial Advisors LLC purchased a new position in Simplify Managed Futures Strategy ETF in the 1st quarter worth approximately $15,140,000. Deane Retirement Strategies Inc. grew its stake in Simplify Managed Futures Strategy ETF by 49.7% in the 2nd quarter. Deane Retirement Strategies Inc. now owns 597,723 shares of the company’s stock worth $15,506,000 after buying an additional 198,385 shares in the last quarter. Private Client Services LLC purchased a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter worth approximately $5,001,000. Finally, ALM First Financial Advisors LLC bought a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter worth $5,488,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA:CTA opened at $26.73 on Friday. The company’s fifty day moving average price is $29.32 and its 200-day moving average price is $28.93. Simplify Managed Futures Strategy ETF has a one year low of $25.39 and a one year high of $32.76.

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.