Bank of New York Mellon Corp Cuts Stock Position in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

Bank of New York Mellon Corp trimmed its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,080 shares of the company’s stock after selling 378 shares during the period. Bank of New York Mellon Corp owned about 0.15% of Simplify Managed Futures Strategy ETF worth $281,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in Simplify Managed Futures Strategy ETF during the fourth quarter valued at $42,000. Geneos Wealth Management Inc. boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 214.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,574 shares of the company’s stock valued at $44,000 after purchasing an additional 1,074 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new position in shares of Simplify Managed Futures Strategy ETF during the fourth quarter valued at about $79,000. Decker Retirement Planning Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth about $91,000. Finally, World Equity Group Inc. purchased a new stake in shares of Simplify Managed Futures Strategy ETF in the fourth quarter worth about $311,000.

Simplify Managed Futures Strategy ETF Price Performance

Shares of Simplify Managed Futures Strategy ETF stock opened at $29.43 on Friday. The stock has a 50 day moving average of $29.20 and a 200 day moving average of $27.86. Simplify Managed Futures Strategy ETF has a 12 month low of $25.00 and a 12 month high of $30.21.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.12 per share. This is an increase from Simplify Managed Futures Strategy ETF’s previous dividend of $0.10. The ex-dividend date of this dividend is Wednesday, March 26th.

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.