Ameritas Advisory Services LLC Invests $1.63 Million in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Ameritas Advisory Services LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Get Rating) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 62,675 shares of the company’s stock, valued at approximately $1,630,000.

A number of other institutional investors have also recently bought and sold shares of the company. ProVise Management Group LLC acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $440,000. Wealthsource Partners LLC acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $1,370,000. HighTower Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $204,000. UBS Group AG acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at approximately $178,000. Finally, Dakota Wealth Management grew its holdings in Simplify Managed Futures Strategy ETF by 55.7% during the fourth quarter. Dakota Wealth Management now owns 111,075 shares of the company’s stock valued at $2,889,000 after purchasing an additional 39,722 shares during the period.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA CTA opened at $25.46 on Friday. The firm has a 50 day moving average price of $24.33 and a 200 day moving average price of $25.73. Simplify Managed Futures Strategy ETF has a 52-week low of $23.30 and a 52-week high of $31.44.

Simplify Managed Futures Strategy ETF Company Profile

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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.