Farther Finance Advisors LLC Buys 19,916 Shares of Simplify Managed Futures Strategy ETF $CTA

Farther Finance Advisors LLC increased its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 53.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 57,457 shares of the company’s stock after purchasing an additional 19,916 shares during the period. Farther Finance Advisors LLC owned 0.13% of Simplify Managed Futures Strategy ETF worth $1,566,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CTA. Wealth Enhancement Advisory Services LLC boosted its holdings in 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 valued at $80,162,000 after purchasing an additional 592,038 shares during the period. CWM LLC increased its holdings in shares of Simplify Managed Futures Strategy ETF by 9.9% in the third 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 raised its position in shares of Simplify Managed Futures Strategy ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock worth $46,199,000 after buying an additional 12,920 shares in the last quarter. 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 valued at $43,972,000 after buying an additional 480,429 shares during the period. Finally, Independence Wealth Advisors LLC purchased a new position in Simplify Managed Futures Strategy ETF during the fourth quarter worth about $24,263,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA CTA opened at $28.90 on Tuesday. The stock’s 50-day simple moving average is $29.80 and its two-hundred day simple moving average is $28.38. Simplify Managed Futures Strategy ETF has a twelve month low of $26.36 and a twelve month high of $31.28.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 24th. This is a boost 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%.

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.