Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Hits New 52-Week High – Here’s What Happened

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares hit a new 52-week high during trading on Monday . The stock traded as high as $31.16 and last traded at $31.16, with a volume of 9231 shares trading hands. The stock had previously closed at $30.74.

Simplify Managed Futures Strategy ETF Stock Up 1.4%

The company has a 50 day moving average price of $29.54 and a two-hundred day moving average price of $28.25.

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 given a $0.15 dividend. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

Institutional Trading of Simplify Managed Futures Strategy ETF

Institutional investors have recently made changes to their positions in the stock. MGO One Seven LLC grew its stake in shares of Simplify Managed Futures Strategy ETF by 2.7% in the third quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after acquiring an additional 373 shares during the period. IFP Advisors Inc boosted its holdings in Simplify Managed Futures Strategy ETF by 4.8% in the third quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after purchasing an additional 451 shares during the last quarter. CoreCap Advisors LLC grew 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. grew 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 raised its stake in Simplify Managed Futures Strategy ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 5,787 shares of the company’s stock valued at $158,000 after buying 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.