Optivise Advisory Services LLC Takes $1.06 Million Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Optivise Advisory Services LLC purchased a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,698 shares of the company’s stock, valued at approximately $1,058,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Astor Investment Management LLC acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter worth $8,492,000. Altiora Financial Group LLC purchased a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter valued at approximately $3,163,000. Atria Investments Inc grew its stake in shares of Simplify Managed Futures Strategy ETF by 939.5% in the third quarter. Atria Investments Inc now owns 120,296 shares of the company’s stock worth $3,128,000 after acquiring an additional 108,724 shares in the last quarter. Legacy Capital Group California Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter worth $1,898,000. Finally, SFG Wealth Management LLC. purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter worth $1,375,000.

Simplify Managed Futures Strategy ETF Stock Up 0.9 %

Shares of NYSEARCA CTA opened at $28.02 on Friday. The business has a 50-day moving average of $26.51 and a two-hundred day moving average of $26.60. Simplify Managed Futures Strategy ETF has a 1 year low of $23.20 and a 1 year high of $28.33.

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.