IAG Wealth Partners LLC Takes $21.71 Million Position in Simplify Managed Futures Strategy ETF $CTA

IAG Wealth Partners LLC acquired a new stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 776,298 shares of the company’s stock, valued at approximately $21,713,000. Simplify Managed Futures Strategy ETF accounts for about 2.6% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other large investors also recently made changes to their positions in CTA. Brighton Jones LLC increased its holdings in Simplify Managed Futures Strategy ETF by 39.5% during the 4th quarter. Brighton Jones LLC now owns 27,251 shares of the company’s stock worth $760,000 after purchasing an additional 7,710 shares in the last quarter. Royal Bank of Canada raised its position in Simplify Managed Futures Strategy ETF by 86.3% during the first quarter. Royal Bank of Canada now owns 104,993 shares of the company’s stock worth $3,108,000 after acquiring an additional 48,646 shares in the last quarter. NewEdge Advisors LLC bought a new stake in Simplify Managed Futures Strategy ETF during the first quarter worth $321,000. Envestnet Asset Management Inc. lifted its stake in Simplify Managed Futures Strategy ETF by 38.5% in the second quarter. Envestnet Asset Management Inc. now owns 635,079 shares of the company’s stock valued at $16,982,000 after acquiring an additional 176,514 shares during the last quarter. Finally, GWN Securities Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter worth approximately $320,000.

Simplify Managed Futures Strategy ETF Stock Performance

CTA opened at $29.99 on Friday. The stock’s fifty day simple moving average is $28.22 and its 200 day simple moving average is $27.78. Simplify Managed Futures Strategy ETF has a 1-year low of $26.36 and a 1-year high of $30.12.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 24th will be issued a dividend of $0.15 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, February 24th. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

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.