Advisory Services Network LLC Purchases Shares of 12,413 Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Advisory Services Network LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,413 shares of the company’s stock, valued at approximately $346,000.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in Simplify Managed Futures Strategy ETF by 28.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 465,421 shares of the company’s stock worth $12,981,000 after acquiring an additional 104,266 shares during the last quarter. LPL Financial LLC lifted its position in shares of Simplify Managed Futures Strategy ETF by 28.8% in the fourth quarter. LPL Financial LLC now owns 420,341 shares of the company’s stock worth $11,723,000 after purchasing an additional 93,967 shares in the last quarter. Beacon Capital Management LLC acquired a new position in Simplify Managed Futures Strategy ETF during the fourth quarter worth $10,348,000. Peak Financial Advisors LLC grew its position in Simplify Managed Futures Strategy ETF by 3.1% in the fourth quarter. Peak Financial Advisors LLC now owns 324,683 shares of the company’s stock valued at $9,055,000 after purchasing an additional 9,773 shares in the last quarter. Finally, Altiora Financial Group LLC increased its stake in Simplify Managed Futures Strategy ETF by 131.5% in the 4th quarter. Altiora Financial Group LLC now owns 281,631 shares of the company’s stock valued at $7,855,000 after buying an additional 159,961 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

Simplify Managed Futures Strategy ETF stock opened at $28.09 on Friday. The firm has a 50-day moving average of $29.07 and a 200-day moving average of $28.10. Simplify Managed Futures Strategy ETF has a one year low of $25.66 and a one year high of $30.21.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.12 dividend. This is an increase from Simplify Managed Futures Strategy ETF’s previous dividend of $0.10. The ex-dividend date was Wednesday, March 26th.

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.