New York Life Investment Management LLC Increases Stock Position in Simplify Managed Futures Strategy ETF $CTA

New York Life Investment Management LLC grew its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 55.8% during the 3rd quarter, Holdings Channel reports. The firm owned 499,820 shares of the company’s stock after buying an additional 178,986 shares during the period. New York Life Investment Management LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $13,980,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 2,620.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,300,749 shares of the company’s stock worth $64,904,000 after purchasing an additional 2,216,173 shares during the last quarter. Boothe Investment Group Inc. purchased a new position in Simplify Managed Futures Strategy ETF during the second quarter worth $29,192,000. Abbington Investment Group acquired a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth $11,325,000. Fielder Capital Group LLC purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter valued at $9,164,000. Finally, CWM LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 9.9% in the third quarter. CWM LLC now owns 2,611,640 shares of the company’s stock valued at $73,048,000 after acquiring an additional 235,801 shares in the last quarter.

Simplify Managed Futures Strategy ETF Trading Up 1.2%

Simplify Managed Futures Strategy ETF stock opened at $28.67 on Tuesday. The stock has a 50-day moving average price of $27.57 and a 200 day moving average price of $27.61. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $30.21.

Simplify Managed Futures Strategy ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.