Wealth Enhancement Trust Services Inc. Invests $1.51 Million in Simplify Managed Futures Strategy ETF $CTA

Wealth Enhancement Trust Services Inc. acquired a new stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 4th quarter, Holdings Channel reports. The fund acquired 55,247 shares of the company’s stock, valued at approximately $1,506,000.

Other large investors also recently modified their holdings of the company. WFA of San Diego LLC bought a new position in Simplify Managed Futures Strategy ETF in the 2nd quarter worth $36,000. Comerica Bank raised its holdings in Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after acquiring an additional 1,429 shares during the period. Private Trust Co. NA lifted its position in shares of Simplify Managed Futures Strategy ETF by 86.7% in the fourth quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock valued at $50,000 after acquiring an additional 857 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of 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 valued at $55,000 after acquiring an additional 502 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Simplify Managed Futures Strategy ETF in the second quarter worth about $88,000.

Simplify Managed Futures Strategy ETF Trading Down 4.2%

NYSEARCA:CTA opened at $28.38 on Friday. Simplify Managed Futures Strategy ETF has a 12-month low of $26.36 and a 12-month high of $31.28. The stock has a 50-day moving average price of $29.79 and a 200 day moving average price of $28.36.

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 paid a $0.15 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date was Tuesday, February 24th. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

Simplify Managed Futures Strategy ETF 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.