Orion Portfolio Solutions LLC Acquires Shares of 577,625 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Orion Portfolio Solutions LLC acquired a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 577,625 shares of the company’s stock, valued at approximately $13,869,000. Orion Portfolio Solutions LLC owned approximately 0.13% of Simplify Managed Futures Strategy ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. MGO One Seven LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $264,000. Fermata Advisors LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 46.9% during the 3rd quarter. Fermata Advisors LLC now owns 13,999 shares of the company’s stock worth $386,000 after buying an additional 4,469 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $201,000. Moors & Cabot Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $264,000. Finally, Avantax Advisory Services Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth $623,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA stock traded down $0.25 on Friday, hitting $27.60. 67,566 shares of the company’s stock were exchanged, compared to its average volume of 61,958. Simplify Managed Futures Strategy ETF has a 12 month low of $23.20 and a 12 month high of $28.33. The company has a 50 day moving average of $26.64 and a 200 day moving average of $25.57.

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.