Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Large Volume Increase – Time to Buy?

Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) shares saw an uptick in trading volume on Monday . 657,090 shares traded hands during trading, a decline of 2% from the previous session’s volume of 668,057 shares.The stock last traded at $28.87 and had previously closed at $28.38.

Simplify Managed Futures Strategy ETF Stock Performance

The business has a fifty day simple moving average of $29.81 and a two-hundred day simple moving average of $28.39.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This is a positive change 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 6.1%.

Institutional Investors Weigh In On Simplify Managed Futures Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. LifeWealth Investments LLC acquired a new stake in Simplify Managed Futures Strategy ETF during the first quarter valued at approximately $232,000. Fiduciary Alliance LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 149.1% in the 1st quarter. Fiduciary Alliance LLC now owns 142,201 shares of the company’s stock worth $4,166,000 after acquiring an additional 85,105 shares in the last quarter. Longview Financial Advisors Inc. boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 8.2% in the 1st quarter. Longview Financial Advisors Inc. now owns 206,383 shares of the company’s stock worth $6,237,000 after acquiring an additional 15,593 shares in the last quarter. Financial Enhancement Group LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter worth approximately $785,000. Finally, Independence Wealth Advisors LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 6.9% in the 1st quarter. Independence Wealth Advisors LLC now owns 951,474 shares of the company’s stock worth $28,754,000 after acquiring an additional 61,423 shares in the last quarter.

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.