Shares of Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) saw an uptick in trading volume on Monday . Approximately 1,107,558 shares changed hands during trading, an increase of 464% from the previous session’s volume of 196,387 shares.The stock last traded at $47.7960 and had previously closed at $47.74.
Simplify MBS ETF Price Performance
The stock’s 50 day moving average is $48.63 and its 200-day moving average is $49.20.
Institutional Investors Weigh In On Simplify MBS ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. MML Investors Services LLC boosted its stake in Simplify MBS ETF by 7.1% during the 4th quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock valued at $88,503,000 after purchasing an additional 116,584 shares during the last quarter. WealthPlan Investment Management LLC purchased a new stake in shares of Simplify MBS ETF during the fourth quarter valued at $5,869,000. Prevail Innovative Wealth Advisors LLC bought a new stake in Simplify MBS ETF in the 4th quarter worth about $3,656,000. Jane Street Group LLC increased its holdings in Simplify MBS ETF by 638.9% in the 2nd quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock worth $3,984,000 after buying an additional 68,776 shares in the last quarter. Finally, Convergence Financial LLC raised its position in Simplify MBS ETF by 19.5% in the 4th quarter. Convergence Financial LLC now owns 392,856 shares of the company’s stock worth $19,804,000 after buying an additional 64,038 shares during 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.
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