Shares of Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $47.42 and last traded at $47.46, with a volume of 1707245 shares traded. The stock had previously closed at $47.65.
Simplify MBS ETF Price Performance
The business has a 50 day moving average price of $48.52 and a 200-day moving average price of $49.12.
Institutional Investors Weigh In On Simplify MBS ETF
A number of hedge funds have recently added to or reduced their stakes in the business. Harbour Investments Inc. boosted its holdings in shares of Simplify MBS ETF by 105.3% during the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after buying an additional 1,323 shares in the last quarter. Realta Investment Advisors bought a new stake in shares of Simplify MBS ETF in the 1st quarter valued at $168,000. Rockefeller Capital Management L.P. increased its stake in shares of Simplify MBS ETF by 275.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,750 shares of the company’s stock valued at $189,000 after acquiring an additional 2,750 shares in the last quarter. OneAscent Family Office LLC acquired a new position in shares of Simplify MBS ETF during the 4th quarter valued at $202,000. Finally, Founders Financial Securities LLC lifted its position in shares of Simplify MBS ETF by 4.5% during the 1st quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock valued at $284,000 after acquiring an additional 246 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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