Howard Bailey Securities LLC Acquires New Position in Simplify Managed Futures Strategy ETF $CTA

Howard Bailey Securities LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 127,545 shares of the company’s stock, valued at approximately $3,477,000. Simplify Managed Futures Strategy ETF makes up 1.4% of Howard Bailey Securities LLC’s holdings, making the stock its 15th biggest position. Howard Bailey Securities LLC owned approximately 0.29% of Simplify Managed Futures Strategy ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CTA. Independence Wealth Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $24,263,000. IAG Wealth Partners LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter valued at about $21,713,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Simplify Managed Futures Strategy ETF by 25.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock valued at $80,162,000 after buying an additional 592,038 shares in the last quarter. Assetmark Inc. bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $15,373,000. Finally, Ferguson Shapiro LLC bought a new stake in Simplify Managed Futures Strategy ETF during the 4th quarter valued at about $10,505,000.

Simplify Managed Futures Strategy ETF Trading Up 0.5%

Shares of CTA opened at $29.19 on Tuesday. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $32.76. The company has a 50-day moving average of $30.38 and a 200 day moving average of $29.04.

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.