Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $47.37 and last traded at $47.3860, with a volume of 123672 shares changing hands. The stock had previously closed at $47.84.
Simplify MBS ETF Trading Down 0.9%
The firm’s 50-day simple moving average is $48.46 and its 200 day simple moving average is $49.06.
Institutional Investors Weigh In On Simplify MBS ETF
Hedge funds have recently bought and sold shares of the company. Sequoia Financial Advisors LLC bought a new stake in shares of Simplify MBS ETF in the second quarter worth $1,099,000. Kestra Private Wealth Services LLC increased its holdings in Simplify MBS ETF by 35.8% during the first quarter. Kestra Private Wealth Services LLC now owns 48,949 shares of the company’s stock worth $2,421,000 after buying an additional 12,911 shares during the last quarter. Hegarty Advisors LLC raised its position in Simplify MBS ETF by 220.2% during the first quarter. Hegarty Advisors LLC now owns 22,007 shares of the company’s stock worth $1,088,000 after acquiring an additional 15,135 shares in the last quarter. Tortoise Investment Management LLC grew its position in shares of Simplify MBS ETF by 2.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 527,409 shares of the company’s stock valued at $25,880,000 after acquiring an additional 12,171 shares during the period. Finally, Beckerman Institutional LLC grew its holdings in Simplify MBS ETF by 48.7% during the first quarter. Beckerman Institutional LLC now owns 64,870 shares of the company’s stock worth $3,208,000 after purchasing an additional 21,241 shares during the period.
Simplify MBS ETF Company 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.
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