Simplify Managed Futures Strategy ETF $CTA Shares Purchased by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC raised its position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 385.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 176,567 shares of the company’s stock after purchasing an additional 140,229 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $4,859,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 2,620.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,300,749 shares of the company’s stock worth $64,904,000 after buying an additional 2,216,173 shares in the last quarter. IAG Wealth Partners LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the third quarter worth about $21,713,000. Boothe Investment Group Inc. boosted its position in Simplify Managed Futures Strategy ETF by 44.0% during the third quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after acquiring an additional 480,429 shares during the last quarter. Abbington Investment Group acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter worth about $11,325,000. Finally, OmniStar Financial Group Inc. purchased a new stake in Simplify Managed Futures Strategy ETF during the 3rd quarter valued at about $8,510,000.

Simplify Managed Futures Strategy ETF Trading Up 0.1%

CTA stock opened at $30.37 on Monday. Simplify Managed Futures Strategy ETF has a 12 month low of $26.36 and a 12 month high of $30.92. The firm has a 50-day moving average of $29.15 and a two-hundred day moving average of $28.08.

Simplify Managed Futures Strategy ETF Increases Dividend

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

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.