Simplify Managed Futures Strategy ETF $CTA is Abbington Investment Group’s 2nd Largest Position

Abbington Investment Group increased its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 14.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 461,889 shares of the company’s stock after purchasing an additional 56,996 shares during the quarter. Simplify Managed Futures Strategy ETF makes up approximately 8.6% of Abbington Investment Group’s investment portfolio, making the stock its 2nd largest position. Abbington Investment Group owned about 1.06% of Simplify Managed Futures Strategy ETF worth $12,591,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cowa LLC boosted its stake in Simplify Managed Futures Strategy ETF by 13.0% during the third quarter. Cowa LLC now owns 231,664 shares of the company’s stock worth $6,480,000 after buying an additional 26,645 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter worth $844,000. Boothe Investment Group Inc. boosted its stake in Simplify Managed Futures Strategy ETF by 44.0% during the third quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after buying an additional 480,429 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its stake in Simplify Managed Futures Strategy ETF by 385.9% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 176,567 shares of the company’s stock worth $4,859,000 after buying an additional 140,229 shares during the last quarter. Finally, MAI Capital Management acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter worth $5,291,000.

Simplify Managed Futures Strategy ETF Price Performance

NYSEARCA CTA opened at $29.35 on Wednesday. The stock’s fifty day moving average is $29.74 and its two-hundred day moving average is $28.34. Simplify Managed Futures Strategy ETF has a fifty-two week low of $26.36 and a fifty-two week 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. Stockholders of record on Tuesday, February 24th were paid a $0.15 dividend. This is a boost 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) annualized dividend and a dividend yield of 6.1%.

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.