Elevated Capital Advisors LLC Purchases Shares of 45,639 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Elevated Capital Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 45,639 shares of the company’s stock, valued at approximately $1,273,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Simplify Managed Futures Strategy ETF in the third quarter valued at about $883,000. Private Advisor Group LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 31.6% in the 3rd quarter. Private Advisor Group LLC now owns 23,464 shares of the company’s stock worth $610,000 after acquiring an additional 5,628 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $75,000. Wealth Enhancement Advisory Services LLC increased its holdings in Simplify Managed Futures Strategy ETF by 16.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock valued at $312,000 after purchasing an additional 1,728 shares in the last quarter. Finally, CWM LLC raised its position in Simplify Managed Futures Strategy ETF by 53.9% in the 3rd quarter. CWM LLC now owns 11,756 shares of the company’s stock valued at $306,000 after purchasing an additional 4,116 shares during the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA stock traded up $0.35 during trading hours on Monday, hitting $28.70. 960,153 shares of the company’s stock were exchanged, compared to its average volume of 635,404. The stock’s 50-day moving average is $27.60 and its 200-day moving average is $26.76. Simplify Managed Futures Strategy ETF has a 52 week low of $23.36 and a 52 week high of $29.17.

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.