Clark Capital Management Group Inc. Grows Stock Holdings in Simplify Managed Futures Strategy ETF $CTA

Clark Capital Management Group Inc. grew its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 6.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 331,136 shares of the company’s stock after acquiring an additional 21,004 shares during the period. Clark Capital Management Group Inc.’s holdings in Simplify Managed Futures Strategy ETF were worth $9,262,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CTA. Evolution Wealth Management Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter worth approximately $31,000. WFA of San Diego LLC purchased a new position in Simplify Managed Futures Strategy ETF during the second quarter valued at $36,000. Comerica Bank boosted 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 worth $40,000 after acquiring an additional 1,429 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the second quarter worth $88,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:CTA opened at $30.44 on Monday. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $30.66. The business has a fifty day moving average price of $28.87 and a 200-day moving average price of $28.00.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a dividend of $0.15 per share. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 24th. 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.