PFG Investments LLC Trims Stock Position in Simplify Managed Futures Strategy ETF $CTA

PFG Investments LLC lowered its holdings in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 46.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,416 shares of the company’s stock after selling 29,543 shares during the quarter. PFG Investments LLC owned approximately 0.08% of Simplify Managed Futures Strategy ETF worth $938,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. MGO One Seven LLC increased its holdings in Simplify Managed Futures Strategy ETF by 2.7% in the 3rd quarter. MGO One Seven LLC now owns 14,023 shares of the company’s stock worth $392,000 after acquiring an additional 373 shares in the last quarter. IFP Advisors Inc increased its holdings in Simplify Managed Futures Strategy ETF by 4.8% in the 3rd quarter. IFP Advisors Inc now owns 9,750 shares of the company’s stock worth $273,000 after acquiring an additional 451 shares in the last quarter. CoreCap Advisors LLC increased its holdings in Simplify Managed Futures Strategy ETF by 34.0% in the 3rd 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. Fermata Advisors LLC increased its holdings in Simplify Managed Futures Strategy ETF by 2.6% in the 3rd quarter. Fermata Advisors LLC now owns 35,537 shares of the company’s stock worth $994,000 after acquiring an additional 915 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in Simplify Managed Futures Strategy ETF by 0.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 318,622 shares of the company’s stock worth $8,912,000 after acquiring an additional 1,056 shares in the last quarter.

Simplify Managed Futures Strategy ETF Price Performance

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

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 6.3%. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10.

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.