Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Strong Trading Volume – What’s Next?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares saw an uptick in trading volume on Wednesday . 1,713,449 shares changed hands during trading, an increase of 210% from the previous session’s volume of 552,658 shares.The stock last traded at $28.92 and had previously closed at $29.22.

Simplify Managed Futures Strategy ETF Price Performance

The firm has a 50 day moving average of $29.19 and a two-hundred day moving average of $28.10.

Simplify Managed Futures Strategy ETF Increases Dividend

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

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

A number of hedge funds have recently made changes to their positions in the stock. Evolution Wealth Management Inc. acquired a new position in Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $31,000. WFA of San Diego LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the second quarter valued at approximately $36,000. Comerica Bank grew its stake in shares of Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock worth $40,000 after buying an additional 1,429 shares during the last quarter. Private Trust Co. NA grew its position in Simplify Managed Futures Strategy ETF by 86.7% during the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after acquiring an additional 857 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings 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.

About Simplify Managed Futures Strategy ETF

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.