JPMorgan Chase & Co. Boosts Stake in Simplify Managed Futures Strategy ETF $CTA

JPMorgan Chase & Co. lifted its holdings in Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 235,980.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 236,080 shares of the company’s stock after buying an additional 235,980 shares during the period. JPMorgan Chase & Co. owned approximately 0.56% of Simplify Managed Futures Strategy ETF worth $6,603,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CTA. Wealth Enhancement Advisory Services LLC raised its position in Simplify Managed Futures Strategy ETF by 2,620.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,300,749 shares of the company’s stock worth $64,904,000 after acquiring an additional 2,216,173 shares during the period. IAG Wealth Partners LLC bought a new position in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter valued at approximately $21,713,000. Boothe Investment Group Inc. increased its stake in shares of Simplify Managed Futures Strategy ETF by 44.0% during the 3rd quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after purchasing an additional 480,429 shares during the last quarter. Abbington Investment Group purchased a new stake in shares of Simplify Managed Futures Strategy ETF during the 3rd quarter worth approximately $11,325,000. Finally, OmniStar Financial Group Inc. bought a new stake in shares of Simplify Managed Futures Strategy ETF in the 3rd quarter worth approximately $8,510,000.

Simplify Managed Futures Strategy ETF Trading Down 1.3%

Simplify Managed Futures Strategy ETF stock opened at $30.22 on Wednesday. The business’s 50 day simple moving average is $29.39 and its 200 day simple moving average is $28.19. Simplify Managed Futures Strategy ETF has a 12 month low of $26.36 and a 12 month high of $30.92.

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 issued a $0.15 dividend. This is an increase from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 6.0%.

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.