Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Sees Unusually-High Trading Volume – What’s Next?

Shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) saw strong trading volume on Monday . 657,090 shares were traded during mid-day 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’s 50-day moving average is $29.79 and its 200 day moving average is $28.37.

Simplify Managed Futures Strategy ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a dividend of $0.15 per share. This is a positive change from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, February 24th.

Institutional Trading of Simplify Managed Futures Strategy ETF

A number of large investors have recently bought and sold shares of CTA. WFA of San Diego LLC bought a new stake in Simplify Managed Futures Strategy ETF in the 2nd quarter valued at about $36,000. Comerica Bank increased its position in shares of Simplify Managed Futures Strategy ETF by 71,450.0% during the third quarter. Comerica Bank now owns 1,431 shares of the company’s stock valued at $40,000 after buying an additional 1,429 shares during the period. Private Trust Co. NA increased its holdings in Simplify Managed Futures Strategy ETF by 86.7% during the 4th quarter. Private Trust Co. NA now owns 1,845 shares of the company’s stock worth $50,000 after acquiring an additional 857 shares during the period. CoreCap Advisors LLC raised its holdings in shares of 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 valued at $55,000 after acquiring an additional 502 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Simplify Managed Futures Strategy ETF during the 2nd quarter valued at about $88,000.

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.