LPL Financial LLC Grows Stake in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA)

LPL Financial LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 28.8% in the 4th quarter, HoldingsChannel reports. The firm owned 420,341 shares of the company’s stock after buying an additional 93,967 shares during the quarter. LPL Financial LLC owned 0.06% of Simplify Managed Futures Strategy ETF worth $11,723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Beacon Capital Management LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 4th quarter valued at about $10,348,000. Peak Financial Advisors LLC raised its position in shares of Simplify Managed Futures Strategy ETF by 3.1% in the fourth quarter. Peak Financial Advisors LLC now owns 324,683 shares of the company’s stock valued at $9,055,000 after purchasing an additional 9,773 shares during the period. Altiora Financial Group LLC lifted its stake in shares of Simplify Managed Futures Strategy ETF by 131.5% during the 4th quarter. Altiora Financial Group LLC now owns 281,631 shares of the company’s stock valued at $7,855,000 after buying an additional 159,961 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Simplify Managed Futures Strategy ETF by 1.5% in the 4th quarter. HighTower Advisors LLC now owns 242,547 shares of the company’s stock worth $6,765,000 after buying an additional 3,509 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in Simplify Managed Futures Strategy ETF in the 4th quarter valued at approximately $5,387,000.

Simplify Managed Futures Strategy ETF Stock Performance

NYSEARCA:CTA opened at $29.90 on Thursday. Simplify Managed Futures Strategy ETF has a 1 year low of $25.27 and a 1 year high of $30.21. The stock’s fifty day moving average price is $29.26 and its two-hundred day moving average price is $27.94.

Simplify Managed Futures Strategy ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.12 per share. This is a boost 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 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.