Harbour Investments Inc. trimmed its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA – Free Report) by 2.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,795 shares of the company’s stock after selling 1,355 shares during the quarter. Harbour Investments Inc. owned approximately 0.12% of Simplify Managed Futures Strategy ETF worth $1,251,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $34,000. J.Safra Asset Management Corp acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $52,000. Ameritas Advisory Services LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $65,000. Simplex Trading LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $70,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $74,000.
Simplify Managed Futures Strategy ETF Stock Performance
Shares of CTA opened at $28.51 on Friday. Simplify Managed Futures Strategy ETF has a twelve month low of $26.10 and a twelve month high of $30.21. The firm’s fifty day simple moving average is $27.85 and its 200-day simple moving average is $27.74.
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.
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