AE Wealth Management LLC Sells 308,492 Shares of Simplify Managed Futures Strategy ETF $CTA

AE Wealth Management LLC cut its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 25.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 890,432 shares of the company’s stock after selling 308,492 shares during the quarter. AE Wealth Management LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $24,905,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Evolution Wealth Management Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF during the second quarter worth about $31,000. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter valued at approximately $36,000. J.Safra Asset Management Corp bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $52,000. CoreCap Advisors LLC boosted its stake in shares of 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 valued at $55,000 after purchasing an additional 502 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the second quarter worth $65,000.

Simplify Managed Futures Strategy ETF Stock Performance

CTA stock opened at $29.01 on Friday. The company’s fifty day simple moving average is $27.41 and its 200 day simple moving average is $27.60. Simplify Managed Futures Strategy ETF has a 12-month low of $26.36 and a 12-month high of $30.21.

Simplify Managed Futures Strategy ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.