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

Howard Bailey Securities LLC trimmed its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,379 shares of the company’s stock after selling 519 shares during the period. Howard Bailey Securities LLC owned approximately 0.12% of Simplify Managed Futures Strategy ETF worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its stake in Simplify Managed Futures Strategy ETF by 214.8% during the 4th 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 during the last quarter. New Wave Wealth Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the fourth quarter worth about $79,000. Farther Finance Advisors LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the third quarter worth about $75,000. Decker Retirement Planning Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at about $91,000. Finally, Raleigh Capital Management Inc. purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at approximately $171,000.

Simplify Managed Futures Strategy ETF Trading Up 1.3 %

CTA stock opened at $29.42 on Thursday. Simplify Managed Futures Strategy ETF has a 52 week low of $24.40 and a 52 week high of $29.49. The firm has a 50 day moving average of $28.36 and a 200 day moving average of $27.15.

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.