Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Unusually-High Trading Volume – What’s Next?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) saw an uptick in trading volume on Thursday . 653,600 shares were traded during mid-day trading, an increase of 7% from the previous session’s volume of 612,234 shares.The stock last traded at $30.73 and had previously closed at $29.47.

Simplify Managed Futures Strategy ETF Stock Performance

The firm has a 50-day moving average price of $29.54 and a 200 day moving average price of $28.24.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently declared 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 an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 5.9%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. CWM LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF by 12.6% in the 4th quarter. CWM LLC now owns 2,939,794 shares of the company’s stock valued at $80,139,000 after purchasing an additional 328,154 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position 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 worth $80,162,000 after purchasing an additional 592,038 shares during the period. Boothe Investment Group Inc. raised its position in Simplify Managed Futures Strategy ETF by 9.9% in the 4th quarter. Boothe Investment Group Inc. now owns 1,728,504 shares of the company’s stock worth $47,119,000 after purchasing an additional 156,382 shares during the period. Bank of America Corp DE lifted its stake in 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 purchasing an additional 12,920 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Simplify Managed Futures Strategy ETF by 28.8% in the fourth quarter. LPL Financial LLC now owns 1,072,343 shares of the company’s stock worth $29,232,000 after purchasing an additional 239,712 shares during the last quarter.

Simplify Managed Futures Strategy ETF Company 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.