Clear Creek Financial Management LLC Cuts Position in Simplify Managed Futures Strategy ETF $CTA

Clear Creek Financial Management LLC lessened its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 62.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,998 shares of the company’s stock after selling 208,815 shares during the quarter. Clear Creek Financial Management LLC owned about 0.32% of Simplify Managed Futures Strategy ETF worth $3,369,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CTA. HighTower Advisors LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 191.2% in the 1st quarter. HighTower Advisors LLC now owns 706,315 shares of the company’s stock worth $20,907,000 after purchasing an additional 463,768 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 695.5% in the 1st quarter. Private Advisor Group LLC now owns 427,004 shares of the company’s stock worth $12,639,000 after purchasing an additional 373,329 shares during the period. Pasadena Private Wealth LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 199.0% in the 1st quarter. Pasadena Private Wealth LLC now owns 540,935 shares of the company’s stock worth $16,012,000 after purchasing an additional 360,001 shares during the period. Beacon Capital Management LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 94.3% in the 1st quarter. Beacon Capital Management LLC now owns 721,066 shares of the company’s stock worth $21,344,000 after purchasing an additional 350,049 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 77.0% in the 1st quarter. LPL Financial LLC now owns 743,913 shares of the company’s stock worth $22,020,000 after purchasing an additional 323,572 shares during the period.

Simplify Managed Futures Strategy ETF Trading Up 1.1%

Shares of Simplify Managed Futures Strategy ETF stock opened at $28.52 on Thursday. The stock has a 50 day moving average price of $27.60 and a 200-day moving average price of $27.78. Simplify Managed Futures Strategy ETF has a one year low of $25.76 and a one year high of $30.21.

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.