Simplify MBS ETF (NYSEARCA:MTBA) Reaches New 12-Month Low – Here’s What Happened

Simplify MBS ETF (NYSEARCA:MTBA)’s stock price hit a new 52-week low 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 business’s 50 day moving average is $48.46 and its two-hundred day moving average is $49.06.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MTBA. Founders Financial Securities LLC increased its stake in Simplify MBS ETF by 4.5% in the first 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. Longview Financial Advisors Inc. boosted its holdings in shares of Simplify MBS ETF by 1.1% in the 1st quarter. Longview Financial Advisors Inc. now owns 24,323 shares of the company’s stock worth $1,203,000 after acquiring an additional 260 shares in the last quarter. Cambridge Advisors Inc. grew its position in Simplify MBS ETF by 1.9% during the 1st quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock worth $965,000 after acquiring an additional 363 shares during the last quarter. Continuum Advisory LLC increased its holdings in Simplify MBS ETF by 1.5% during the 2nd quarter. Continuum Advisory LLC now owns 26,996 shares of the company’s stock valued at $1,325,000 after purchasing an additional 398 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in Simplify MBS ETF by 1.1% during the 1st quarter. Anchor Investment Management LLC now owns 52,716 shares of the company’s stock valued at $2,607,000 after purchasing an additional 554 shares in the last quarter.

About Simplify MBS ETF

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.