Theory Financial LLC Buys 141,052 Shares of Simplify Managed Futures Strategy ETF $CTA

Theory Financial LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 71.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 338,200 shares of the company’s stock after acquiring an additional 141,052 shares during the quarter. Simplify Managed Futures Strategy ETF makes up about 3.6% of Theory Financial LLC’s investment portfolio, making the stock its 4th biggest position. Theory Financial LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $10,220,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CTA. Advisors Preferred LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the first quarter valued at $244,000. Sanctuary Advisors LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 12.3% during the first quarter. Sanctuary Advisors LLC now owns 107,759 shares of the company’s stock worth $3,256,000 after purchasing an additional 11,821 shares during the last quarter. Legacy Capital Group California Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the first quarter worth about $1,083,000. CAP Partners LLC increased its position in shares of Simplify Managed Futures Strategy ETF by 5.3% during the first quarter. CAP Partners LLC now owns 15,642 shares of the company’s stock worth $473,000 after purchasing an additional 782 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at about $43,000.

Simplify Managed Futures Strategy ETF Trading Down 0.3%

Shares of NYSEARCA CTA opened at $26.82 on Thursday. Simplify Managed Futures Strategy ETF has a twelve month low of $25.64 and a twelve month high of $32.76. The stock has a 50 day moving average of $28.51 and a two-hundred day moving average of $29.00.

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.