Hernani LP Makes New Investment in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Hernani LP purchased a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 98,212 shares of the company’s stock, valued at approximately $5,055,954,000. Simplify Managed Futures Strategy ETF makes up 39.3% of Hernani LP’s portfolio, making the stock its 2nd biggest holding. Hernani LP owned about 1.45% of Simplify Managed Futures Strategy ETF at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CTA. Farther Finance Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 3rd quarter worth $75,000. Hobbs Group Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter worth $129,000. Raleigh Capital Management Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth about $171,000. CWM LLC boosted its holdings in Simplify Managed Futures Strategy ETF by 28.6% in the second quarter. CWM LLC now owns 7,640 shares of the company’s stock valued at $206,000 after acquiring an additional 1,700 shares during the last quarter. Finally, Lloyd Advisory Services LLC. acquired a new position in Simplify Managed Futures Strategy ETF in the third quarter valued at about $216,000.

Simplify Managed Futures Strategy ETF Trading Down 0.9 %

NYSEARCA:CTA opened at $27.54 on Tuesday. Simplify Managed Futures Strategy ETF has a one year low of $23.20 and a one year high of $28.33. The firm’s fifty day moving average price is $26.70 and its two-hundred day moving average price is $26.61.

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.