Ethos Financial Group LLC Reduces Stock Holdings in Simplify Managed Futures Strategy ETF $CTA

Ethos Financial Group LLC decreased its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 89.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,234 shares of the company’s stock after selling 125,963 shares during the quarter. Ethos Financial Group LLC’s holdings in Simplify Managed Futures Strategy ETF were worth $388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 25.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,787 shares of the company’s stock worth $80,162,000 after purchasing an additional 592,038 shares during the period. CWM LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 9.9% in the 3rd quarter. CWM LLC now owns 2,611,640 shares of the company’s stock worth $73,048,000 after purchasing an additional 235,801 shares during the period. Bank of America Corp DE boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 0.8% in the 2nd quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock worth $46,199,000 after purchasing an additional 12,920 shares during the period. Boothe Investment Group Inc. boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 44.0% in 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 period. Finally, Independence Wealth Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter worth approximately $24,263,000.

Simplify Managed Futures Strategy ETF Trading Up 0.7%

Shares of Simplify Managed Futures Strategy ETF stock opened at $30.96 on Tuesday. The stock has a 50 day moving average price of $29.59 and a 200-day moving average price of $28.27. Simplify Managed Futures Strategy ETF has a one year low of $26.36 and a one year high of $31.28.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors 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 represents a c) dividend on an annualized basis and a dividend yield of 5.8%. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

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.