Financial Enhancement Group LLC Invests $785,000 in Simplify Managed Futures Strategy ETF $CTA

Financial Enhancement Group LLC purchased a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,648 shares of the company’s stock, valued at approximately $785,000.

Several other institutional investors also recently added to or reduced their stakes in CTA. IFP Advisors Inc raised its position in Simplify Managed Futures Strategy ETF by 4.8% in the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after acquiring an additional 451 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Simplify Managed Futures Strategy ETF by 4.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock valued at $334,000 after acquiring an additional 508 shares during the period. J.Safra Asset Management Corp increased its stake in shares of Simplify Managed Futures Strategy ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing an additional 527 shares during the last quarter. Betterment LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 3.7% during the 4th quarter. Betterment LLC now owns 20,722 shares of the company’s stock worth $565,000 after purchasing an additional 736 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in shares of Simplify Managed Futures Strategy ETF by 86.7% in the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after purchasing an additional 857 shares during the period.

Simplify Managed Futures Strategy ETF Stock Down 1.8%

NYSEARCA:CTA opened at $26.21 on Thursday. Simplify Managed Futures Strategy ETF has a 12 month low of $26.15 and a 12 month high of $32.76. The firm’s 50 day moving average is $29.79 and its 200 day moving average is $29.09.

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.