Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) Stock Position Lowered by Bessemer Group Inc.

Bessemer Group Inc. reduced its position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 4.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,000 shares of the company’s stock after selling 500 shares during the period. Bessemer Group Inc.’s holdings in Simplify Managed Futures Strategy ETF were worth $279,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. ORG Wealth Partners LLC lifted its position in 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 worth $916,000 after buying an additional 711 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Simplify Managed Futures Strategy ETF by 4.3% during the fourth quarter. Truist Financial Corp now owns 19,975 shares of the company’s stock worth $557,000 after acquiring an additional 832 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Simplify Managed Futures Strategy ETF by 214.8% in the fourth 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 in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Simplify Managed Futures Strategy ETF by 8.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 16,061 shares of the company’s stock valued at $448,000 after buying an additional 1,283 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in Simplify Managed Futures Strategy ETF in the fourth quarter worth approximately $42,000.

Simplify Managed Futures Strategy ETF Trading Up 0.8 %

Shares of NYSEARCA:CTA opened at $28.13 on Thursday. Simplify Managed Futures Strategy ETF has a 1 year low of $25.66 and a 1 year high of $30.21. The firm has a fifty day moving average price of $29.10 and a 200 day moving average price of $28.08.

Simplify Managed Futures Strategy ETF Increases Dividend

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