Envestnet Asset Management Inc. Buys 68,534 Shares of Simplify Managed Futures Strategy ETF $CTA

Envestnet Asset Management Inc. boosted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 10.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 703,613 shares of the company’s stock after buying an additional 68,534 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.66% of Simplify Managed Futures Strategy ETF worth $19,680,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. CWM LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 9.9% during the third quarter. CWM LLC now owns 2,611,640 shares of the company’s stock worth $73,048,000 after acquiring an additional 235,801 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Simplify Managed Futures Strategy ETF by 2,620.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,300,749 shares of the company’s stock valued at $64,904,000 after purchasing an additional 2,216,173 shares during the period. Bank of America Corp DE increased its position in Simplify Managed Futures Strategy ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock valued at $46,199,000 after purchasing an additional 12,920 shares during the period. Boothe Investment Group Inc. raised its holdings in Simplify Managed Futures Strategy ETF by 44.0% during the 3rd quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after purchasing an additional 480,429 shares during the last quarter. Finally, AE Wealth Management LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 23.3% in the 2nd quarter. AE Wealth Management LLC now owns 1,198,924 shares of the company’s stock worth $32,059,000 after purchasing an additional 226,842 shares during the period.

Simplify Managed Futures Strategy ETF Stock Up 0.5%

NYSEARCA:CTA opened at $28.83 on Friday. The firm’s fifty day moving average is $27.72 and its 200-day moving average is $27.63. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $30.21.

Simplify Managed Futures Strategy ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 4.2%.

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.