Andina Capital Management LLC Has $1.31 Million Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Andina Capital Management LLC lowered its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,782 shares of the company’s stock after selling 3,121 shares during the period. Simplify Managed Futures Strategy ETF accounts for 1.1% of Andina Capital Management LLC’s portfolio, making the stock its 27th largest position. Andina Capital Management LLC owned 0.69% of Simplify Managed Futures Strategy ETF worth $1,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of CTA. ORG Wealth Partners LLC grew its holdings in Simplify Managed Futures Strategy ETF by 2.2% during the 4th quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock worth $916,000 after acquiring an additional 711 shares during the period. Geneos Wealth Management Inc. grew its holdings in Simplify Managed Futures Strategy ETF by 214.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock worth $44,000 after acquiring an additional 1,074 shares during the period. Cambridge Advisors Inc. grew its holdings in Simplify Managed Futures Strategy ETF by 9.1% during the 3rd quarter. Cambridge Advisors Inc. now owns 20,585 shares of the company’s stock worth $535,000 after acquiring an additional 1,717 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Simplify Managed Futures Strategy ETF by 16.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,001 shares of the company’s stock worth $312,000 after acquiring an additional 1,728 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter worth $75,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA CTA opened at $28.88 on Friday. The company’s fifty day moving average is $28.03 and its 200-day moving average is $26.90. Simplify Managed Futures Strategy ETF has a twelve month low of $23.36 and a twelve month high of $29.17.

About Simplify Managed Futures Strategy ETF

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.