Howard Bailey Securities LLC Lowers Holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Howard Bailey Securities LLC reduced its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 5.8% during the 4th quarter, HoldingsChannel reports. The fund owned 8,379 shares of the company’s stock after selling 519 shares during the period. Howard Bailey Securities LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $234,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CTA. Geneos Wealth Management Inc. increased its holdings in Simplify Managed Futures Strategy ETF by 214.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after acquiring an additional 1,074 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter worth about $75,000. New Wave Wealth Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the fourth quarter worth about $79,000. Decker Retirement Planning Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF during the 4th quarter worth about $91,000. Finally, Raleigh Capital Management Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at approximately $171,000.

Simplify Managed Futures Strategy ETF Trading Up 1.3 %

Shares of Simplify Managed Futures Strategy ETF stock opened at $29.42 on Thursday. The business’s 50 day moving average price is $28.36 and its 200 day moving average price is $27.15. Simplify Managed Futures Strategy ETF has a one year low of $24.40 and a one year high of $29.49.

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.