Ethos Financial Group LLC Cuts Stake in Simplify MBS ETF $MTBA

Ethos Financial Group LLC lessened its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 6.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 142,003 shares of the company’s stock after selling 10,378 shares during the quarter. Ethos Financial Group LLC’s holdings in Simplify MBS ETF were worth $7,150,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in Simplify MBS ETF in the 2nd quarter valued at $13,278,000. True Wealth Design LLC purchased a new position in shares of Simplify MBS ETF during the second quarter valued at about $10,155,000. Continuum Advisory LLC bought a new stake in shares of Simplify MBS ETF in the third quarter worth about $4,125,000. MML Investors Services LLC lifted its position in shares of Simplify MBS ETF by 5.5% in the second quarter. MML Investors Services LLC now owns 1,508,448 shares of the company’s stock worth $75,558,000 after buying an additional 79,232 shares in the last quarter. Finally, Calamos Advisors LLC boosted its stake in Simplify MBS ETF by 118.3% during the third quarter. Calamos Advisors LLC now owns 140,002 shares of the company’s stock valued at $7,049,000 after buying an additional 75,858 shares during the last quarter.

Simplify MBS ETF Stock Performance

NYSEARCA MTBA opened at $50.50 on Thursday. Simplify MBS ETF has a 1-year low of $49.10 and a 1-year high of $50.88. The business has a 50 day simple moving average of $50.43 and a two-hundred day simple moving average of $50.33.

Simplify MBS ETF Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.