New Wave Wealth Advisors LLC Purchases New Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

New Wave Wealth Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,841 shares of the company’s stock, valued at approximately $79,000.

Several other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in shares of Simplify Managed Futures Strategy ETF by 214.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after acquiring an additional 1,074 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in Simplify Managed Futures Strategy ETF in the third quarter worth about $75,000. Decker Retirement Planning Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $91,000. Raleigh Capital Management Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at approximately $171,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at approximately $216,000.

Simplify Managed Futures Strategy ETF Stock Performance

Simplify Managed Futures Strategy ETF stock opened at $28.50 on Friday. Simplify Managed Futures Strategy ETF has a twelve month low of $23.36 and a twelve month high of $29.17. The stock’s 50 day moving average is $28.14 and its 200 day moving average is $26.98.

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.