LPL Financial LLC Buys 93,967 Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

LPL Financial LLC increased its stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 28.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 420,341 shares of the company’s stock after purchasing an additional 93,967 shares during the period. LPL Financial LLC owned approximately 6.20% of Simplify Managed Futures Strategy ETF worth $11,723,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HighTower Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter valued at approximately $6,214,000. Jane Street Group LLC acquired a new position in Simplify Managed Futures Strategy ETF during the third quarter valued at approximately $883,000. Global Wealth Strategies & Associates bought a new stake in Simplify Managed Futures Strategy ETF during the fourth quarter worth $1,075,000. ORG Wealth Partners LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 2.2% in the 4th quarter. ORG Wealth Partners LLC now owns 32,836 shares of the company’s stock valued at $916,000 after purchasing an additional 711 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF in the 4th quarter valued at $484,000.

Simplify Managed Futures Strategy ETF Stock Performance

Shares of CTA stock opened at $29.90 on Thursday. The business has a fifty day simple moving average of $29.26 and a 200 day simple moving average of $27.94. Simplify Managed Futures Strategy ETF has a twelve month low of $25.27 and a twelve month high of $30.21.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a $0.12 dividend. This is an increase from Simplify Managed Futures Strategy ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 26th.

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.