34,675 Shares in Simplify Managed Futures Strategy ETF $CTA Acquired by Networth Advisors LLC

Networth Advisors LLC purchased a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 34,675 shares of the company’s stock, valued at approximately $945,000. Simplify Managed Futures Strategy ETF makes up approximately 0.7% of Networth Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Networth Advisors LLC owned about 0.08% of Simplify Managed Futures Strategy ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 39.5% during the 4th quarter. Brighton Jones LLC now owns 27,251 shares of the company’s stock worth $760,000 after buying an additional 7,710 shares during the last quarter. Royal Bank of Canada grew its position in shares of Simplify Managed Futures Strategy ETF by 86.3% in the 1st quarter. Royal Bank of Canada now owns 104,993 shares of the company’s stock valued at $3,108,000 after buying an additional 48,646 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $321,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Simplify Managed Futures Strategy ETF during the 2nd quarter worth $88,000. Finally, Baird Financial Group Inc. raised its stake in Simplify Managed Futures Strategy ETF by 164.0% during the 2nd quarter. Baird Financial Group Inc. now owns 74,832 shares of the company’s stock worth $2,001,000 after acquiring an additional 46,482 shares in the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

Shares of CTA opened at $29.23 on Friday. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $31.28. The firm has a fifty day moving average price of $29.67 and a 200 day moving average price of $28.32.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were issued a $0.15 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, February 24th. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

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.