New Wave Wealth Advisors LLC Purchases Shares of 2,841 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

New Wave Wealth Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 4th quarter, Holdings Channel reports. The firm acquired 2,841 shares of the company’s stock, valued at approximately $79,000.

Several other institutional investors have also recently made changes to their positions in CTA. Geneos Wealth Management Inc. increased its position in Simplify Managed Futures Strategy ETF by 214.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after buying 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 3rd quarter worth approximately $75,000. Decker Retirement Planning Inc. purchased a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $91,000. Raleigh Capital Management Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $171,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Simplify Managed Futures Strategy ETF during the third quarter valued at approximately $216,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA CTA opened at $28.50 on Friday. Simplify Managed Futures Strategy ETF has a 1 year low of $23.36 and a 1 year high of $29.17. The firm has a fifty day moving average price of $28.14 and a 200-day moving average price of $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.