Peak Financial Advisors LLC cut its holdings in Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 8.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 343,050 shares of the company’s stock after selling 31,526 shares during the period. Simplify MBS ETF comprises approximately 7.5% of Peak Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Peak Financial Advisors LLC owned about 1.01% of Simplify MBS ETF worth $16,967,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Tradewinds Capital Management LLC bought a new stake in Simplify MBS ETF during the fourth quarter worth $50,000. Kestra Advisory Services LLC bought a new position in Simplify MBS ETF in the 4th quarter valued at $71,000. Raymond James Financial Inc. bought a new position in Simplify MBS ETF in the 2nd quarter valued at $111,000. Harbour Investments Inc. grew its stake in Simplify MBS ETF by 105.3% in the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock valued at $130,000 after purchasing an additional 1,323 shares during the period. Finally, Strive Financial Group LLC purchased a new stake in shares of Simplify MBS ETF during the 4th quarter valued at $140,000.
Simplify MBS ETF Stock Performance
NYSEARCA MTBA opened at $49.18 on Monday. The business’s fifty day moving average is $49.28 and its 200-day moving average is $49.90. Simplify MBS ETF has a one year low of $48.67 and a one year high of $50.88.
Simplify MBS ETF 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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