Prime Capital Investment Advisors LLC Cuts Position in Simplify Managed Futures Strategy ETF $CTA

Prime Capital Investment Advisors LLC lessened its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 84.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,431 shares of the company’s stock after selling 109,644 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Belpointe Asset Management LLC grew its stake in Simplify Managed Futures Strategy ETF by 4.4% in the second quarter. Belpointe Asset Management LLC now owns 199,895 shares of the company’s stock valued at $5,345,000 after purchasing an additional 8,434 shares during the last quarter. Wealthcare Advisory Partners LLC grew its stake in Simplify Managed Futures Strategy ETF by 0.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 121,141 shares of the company’s stock worth $3,239,000 after buying an additional 931 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $65,000. Philip James Wealth Mangement LLC increased its position in Simplify Managed Futures Strategy ETF by 4.2% during the 2nd quarter. Philip James Wealth Mangement LLC now owns 207,438 shares of the company’s stock valued at $5,547,000 after buying an additional 8,371 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC increased its position in Simplify Managed Futures Strategy ETF by 127.9% during the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 47,972 shares of the company’s stock valued at $1,283,000 after buying an additional 26,924 shares in the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA stock opened at $28.26 on Friday. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.10 and a fifty-two week high of $30.21. The stock’s 50-day simple moving average is $27.66 and its 200-day simple moving average is $27.76.

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.