Simplify Managed Futures Strategy ETF $CTA Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC cut its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 6.5% during the 4th quarter, HoldingsChannel reports. The firm owned 528,675 shares of the company’s stock after selling 36,772 shares during the quarter. HighTower Advisors LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $14,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $36,000. Comerica Bank lifted its position in Simplify Managed Futures Strategy ETF by 71,450.0% in the 3rd quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after purchasing an additional 1,429 shares during the last quarter. Private Trust Co. NA lifted its position in Simplify Managed Futures Strategy ETF by 86.7% in the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after purchasing an additional 857 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $88,000. Finally, Advisory Services Network LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 3rd quarter valued at about $176,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $30.70 on Monday. The company’s 50-day moving average price is $30.48 and its 200 day moving average price is $28.87. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week high of $32.76.

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.