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

Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $30.64 and last traded at $30.62, with a volume of 54594 shares traded. The stock had previously closed at $30.27.

Simplify Managed Futures Strategy ETF Price Performance

The business has a 50-day moving average of $28.74 and a 200 day moving average of $27.96.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 24th. This is a boost from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.9%.

Institutional Trading of Simplify Managed Futures Strategy ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. MGO One Seven LLC lifted its position in Simplify Managed Futures Strategy ETF by 2.7% in the 3rd quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after buying an additional 373 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Simplify Managed Futures Strategy ETF by 4.8% during the 3rd quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock valued at $273,000 after purchasing an additional 451 shares during the last quarter. CoreCap Advisors LLC raised its position in Simplify Managed Futures Strategy ETF by 34.0% in the 3rd 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 period. Northwestern Mutual Wealth Management Co. raised its position in Simplify Managed Futures Strategy ETF by 4.3% in the 4th 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 lifted its stake in Simplify Managed Futures Strategy ETF by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock worth $158,000 after purchasing 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.