Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Strong Trading Volume – What’s Next?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares saw strong trading volume on Wednesday . 1,713,449 shares changed hands during trading, an increase of 210% from the previous session’s volume of 552,658 shares.The stock last traded at $28.92 and had previously closed at $29.22.

Simplify Managed Futures Strategy ETF Price Performance

The stock’s 50-day moving average price is $29.19 and its 200-day moving average price is $28.10.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 6.2%. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. SHP Wealth Management bought a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter valued at approximately $479,000. Compound Planning Inc. increased its stake in Simplify Managed Futures Strategy ETF by 22.2% during the 4th quarter. Compound Planning Inc. now owns 371,201 shares of the company’s stock worth $10,119,000 after acquiring an additional 67,531 shares during the period. Axxcess Wealth Management LLC bought a new position in Simplify Managed Futures Strategy ETF during the 4th quarter worth $1,706,000. Strive Financial Group LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $201,000. Finally, Beacon Pointe Advisors LLC acquired a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at $218,000.

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.