Envestnet Portfolio Solutions Inc. Increases Stock Position in Simplify MBS ETF $MTBA

Envestnet Portfolio Solutions Inc. grew its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 122.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 80,969 shares of the company’s stock after buying an additional 44,510 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Simplify MBS ETF were worth $4,056,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in shares of Simplify MBS ETF by 244.5% during the 1st quarter. Farther Finance Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after buying an additional 516 shares during the period. AlphaCore Capital LLC purchased a new stake in Simplify MBS ETF during the 1st quarter worth $50,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Simplify MBS ETF by 37.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the company’s stock worth $62,000 after purchasing an additional 336 shares during the period. Creative Financial Designs Inc. ADV boosted its position in Simplify MBS ETF by 288.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,750 shares of the company’s stock worth $88,000 after purchasing an additional 1,300 shares during the period. Finally, WPG Advisers LLC purchased a new stake in Simplify MBS ETF during the 1st quarter worth $89,000.

Simplify MBS ETF Stock Up 0.0%

Shares of Simplify MBS ETF stock opened at $50.61 on Thursday. The company has a fifty day moving average price of $50.42 and a 200 day moving average price of $50.04. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.07.

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.