Empirical Asset Management LLC Buys New Shares in Simplify Managed Futures Strategy ETF $CTA

Empirical Asset Management LLC purchased a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,724 shares of the company’s stock, valued at approximately $1,615,000. Empirical Asset Management LLC owned 0.14% of Simplify Managed Futures Strategy ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CTA. MAI Capital Management bought a new stake in shares of Simplify Managed Futures Strategy ETF in the third quarter valued at about $5,291,000. Cary Street Partners Financial LLC increased its stake in Simplify Managed Futures Strategy ETF by 51.2% during the third quarter. Cary Street Partners Financial LLC now owns 31,173 shares of the company’s stock valued at $872,000 after acquiring an additional 10,557 shares during the period. Aspen Wealth Strategies LLC raised its holdings in Simplify Managed Futures Strategy ETF by 8.9% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 198,373 shares of the company’s stock valued at $5,548,000 after acquiring an additional 16,206 shares in the last quarter. Cowa LLC grew its holdings in shares of Simplify Managed Futures Strategy ETF by 13.0% during the 3rd quarter. Cowa LLC now owns 231,664 shares of the company’s stock worth $6,480,000 after purchasing an additional 26,645 shares in the last quarter. Finally, Compound Planning Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $8,494,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA CTA opened at $29.87 on Wednesday. Simplify Managed Futures Strategy ETF has a one year low of $26.36 and a one year high of $30.12. The business has a fifty day simple moving average of $28.11 and a 200 day simple moving average of $27.75.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

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.