World Equity Group Inc. Acquires New Shares in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

World Equity Group Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 11,158 shares of the company’s stock, valued at approximately $311,000. World Equity Group Inc. owned 0.16% of Simplify Managed Futures Strategy ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cowa LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 4th quarter valued at $3,001,000. Legacy Capital Group California Inc. increased its stake in Simplify Managed Futures Strategy ETF by 2.7% in the 4th quarter. Legacy Capital Group California Inc. now owns 75,005 shares of the company’s stock worth $2,092,000 after acquiring an additional 2,007 shares during the last quarter. Private Advisor Group LLC increased its stake in Simplify Managed Futures Strategy ETF by 128.8% in the 4th quarter. Private Advisor Group LLC now owns 53,675 shares of the company’s stock worth $1,497,000 after acquiring an additional 30,211 shares during the last quarter. Pasadena Private Wealth LLC bought a new position in Simplify Managed Futures Strategy ETF in the 4th quarter worth about $5,046,000. Finally, Longview Financial Advisors Inc. increased its stake in Simplify Managed Futures Strategy ETF by 6.3% in the 4th quarter. Longview Financial Advisors Inc. now owns 179,828 shares of the company’s stock worth $5,015,000 after acquiring an additional 10,729 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA CTA opened at $29.50 on Tuesday. The stock’s 50-day simple moving average is $28.67 and its two-hundred day simple moving average is $27.36. Simplify Managed Futures Strategy ETF has a twelve month low of $24.40 and a twelve month high of $30.21.

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.