NorthCrest Asset Manangement LLC Grows Position in Simplify Managed Futures Strategy ETF $CTA

NorthCrest Asset Manangement LLC lifted its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 385.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,567 shares of the company’s stock after purchasing an additional 140,229 shares during the quarter. NorthCrest Asset Manangement LLC owned 0.41% of Simplify Managed Futures Strategy ETF worth $4,859,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CTA. Evolution Wealth Management Inc. purchased a new stake in Simplify Managed Futures Strategy ETF during the second quarter worth $31,000. WFA of San Diego LLC purchased a new position in Simplify Managed Futures Strategy ETF in the second quarter valued at $36,000. Comerica Bank increased its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% in the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after buying an additional 1,429 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 34.0% in the third quarter. CoreCap Advisors LLC now owns 1,980 shares of the company’s stock worth $55,000 after acquiring an additional 502 shares during the period. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Simplify Managed Futures Strategy ETF in the second quarter worth about $88,000.

Simplify Managed Futures Strategy ETF Price Performance

CTA stock opened at $30.37 on Monday. Simplify Managed Futures Strategy ETF has a 52-week low of $26.36 and a 52-week high of $30.92. The company’s 50-day simple moving average is $29.15 and its 200-day simple moving average is $28.08.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 5.9%.

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.