Whalen Wealth Management Inc. Invests $3.45 Million in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Whalen Wealth Management Inc. acquired a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 123,740 shares of the company’s stock, valued at approximately $3,451,000. Simplify Managed Futures Strategy ETF comprises about 2.4% of Whalen Wealth Management Inc.’s holdings, making the stock its 9th largest position. Whalen Wealth Management Inc. owned approximately 1.83% of Simplify Managed Futures Strategy ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $75,000. Decker Retirement Planning Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the 4th quarter worth $91,000. Raleigh Capital Management Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $171,000. Lloyd Advisory Services LLC. purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at about $216,000. Finally, Prospera Private Wealth LLC purchased a new stake in Simplify Managed Futures Strategy ETF during the third quarter worth about $239,000.

Simplify Managed Futures Strategy ETF Stock Up 0.9 %

Shares of Simplify Managed Futures Strategy ETF stock opened at $28.94 on Thursday. The company has a 50-day moving average of $27.95 and a two-hundred day moving average of $26.87. Simplify Managed Futures Strategy ETF has a 12-month low of $23.36 and a 12-month high of $29.17.

Simplify Managed Futures Strategy ETF 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.