Sharp Financial Services LLC Decreases Holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Sharp Financial Services LLC cut its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,000 shares of the company’s stock after selling 6,175 shares during the quarter. Simplify Managed Futures Strategy ETF accounts for approximately 0.8% of Sharp Financial Services LLC’s holdings, making the stock its 20th biggest holding. Sharp Financial Services LLC owned approximately 0.58% of Simplify Managed Futures Strategy ETF worth $1,088,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. ORG Wealth Partners LLC raised its stake in shares of Simplify Managed Futures Strategy ETF by 2.2% during the fourth quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock worth $916,000 after acquiring an additional 711 shares in the last quarter. Cambridge Advisors Inc. increased its stake in shares of Simplify Managed Futures Strategy ETF by 9.1% in the third quarter. Cambridge Advisors Inc. now owns 20,585 shares of the company’s stock worth $535,000 after buying an additional 1,717 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 16.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock worth $312,000 after buying an additional 1,728 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth $75,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth $91,000.

Simplify Managed Futures Strategy ETF Stock Up 0.9 %

Shares of NYSEARCA CTA opened at $28.94 on Thursday. Simplify Managed Futures Strategy ETF has a 52 week low of $23.36 and a 52 week high of $29.17. The firm’s fifty day moving average is $27.95 and its 200 day moving average is $26.87.

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.