Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sets New 1-Year High – Here’s What Happened

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $30.15 and last traded at $30.2020, with a volume of 110 shares changing hands. The stock had previously closed at $29.99.

Simplify Managed Futures Strategy ETF Price Performance

The firm’s 50-day moving average is $28.22 and its 200 day moving average is $27.78.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th will be paid a dividend of $0.15 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date is Tuesday, February 24th.

Hedge Funds Weigh In On Simplify Managed Futures Strategy ETF

Several institutional investors have recently added to or reduced their stakes in the stock. MGO One Seven LLC lifted its position in Simplify Managed Futures Strategy ETF by 2.7% during the 3rd quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after acquiring an additional 373 shares during the period. IFP Advisors Inc raised its stake in shares of Simplify Managed Futures Strategy ETF by 4.8% during the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after purchasing an additional 451 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of Simplify Managed Futures Strategy ETF by 34.0% during the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock worth $55,000 after purchasing an additional 502 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,238 shares of the company’s stock worth $334,000 after purchasing an additional 508 shares during the period. Finally, J.Safra Asset Management Corp grew its position in Simplify Managed Futures Strategy ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock valued at $158,000 after buying an additional 527 shares during the last quarter.

Simplify Managed Futures Strategy ETF Company 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.