Simplify Managed Futures Strategy ETF $CTA Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 25.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,892,787 shares of the company’s stock after buying an additional 592,038 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.07% of Simplify Managed Futures Strategy ETF worth $80,162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC acquired a new stake in Simplify Managed Futures Strategy ETF in the third quarter worth about $21,713,000. Boothe Investment Group Inc. grew its stake in shares of Simplify Managed Futures Strategy ETF by 44.0% during the third quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after acquiring an additional 480,429 shares during the last quarter. Abbington Investment Group acquired a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at about $11,325,000. OmniStar Financial Group Inc. acquired a new position in shares of Simplify Managed Futures Strategy ETF during the third quarter valued at about $8,510,000. Finally, Compound Planning Inc. purchased a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at approximately $8,494,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of Simplify Managed Futures Strategy ETF stock opened at $30.37 on Monday. Simplify Managed Futures Strategy ETF has a 12-month low of $26.36 and a 12-month high of $30.92. The firm’s 50 day simple moving average is $29.15 and its two-hundred day simple moving average is $28.08.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently announced 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 boost 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%. The ex-dividend date was Tuesday, February 24th.

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.