Hernani LP Takes $5.06 Billion Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Hernani LP purchased a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 98,212 shares of the company’s stock, valued at approximately $5,055,954,000. Simplify Managed Futures Strategy ETF accounts for approximately 39.3% of Hernani LP’s investment portfolio, making the stock its 2nd largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Clear Creek Financial Management LLC increased its holdings in Simplify Managed Futures Strategy ETF by 2.7% in the 2nd quarter. Clear Creek Financial Management LLC now owns 384,923 shares of the company’s stock worth $10,420,000 after acquiring an additional 10,006 shares in the last quarter. Astor Investment Management LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at about $8,492,000. Peak Financial Advisors LLC raised its holdings in shares of Simplify Managed Futures Strategy ETF by 10.6% in the 3rd quarter. Peak Financial Advisors LLC now owns 314,910 shares of the company’s stock worth $8,188,000 after purchasing an additional 30,060 shares during the period. HighTower Advisors LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter worth approximately $6,214,000. Finally, Longview Financial Advisors Inc. increased its position in Simplify Managed Futures Strategy ETF by 2.5% in the third quarter. Longview Financial Advisors Inc. now owns 169,099 shares of the company’s stock worth $4,397,000 after buying an additional 4,198 shares during the period.

Simplify Managed Futures Strategy ETF Stock Down 0.9 %

NYSEARCA CTA opened at $27.54 on Tuesday. Simplify Managed Futures Strategy ETF has a 1-year low of $23.20 and a 1-year high of $28.33. The firm’s fifty day simple moving average is $26.70 and its 200-day simple moving average is $26.61.

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.