Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $48.00 and last traded at $47.9750, with a volume of 6296 shares trading hands. The stock had previously closed at $48.28.
Simplify MBS ETF Price Performance
The company’s 50-day moving average is $48.68 and its two-hundred day moving average is $49.24.
Hedge Funds Weigh In On Simplify MBS ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its stake in Simplify MBS ETF by 37.6% during the 1st quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock valued at $1,095,000 after acquiring an additional 5,970 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Simplify MBS ETF in the first quarter worth $518,000. JPMorgan Chase & Co. increased its holdings in shares of Simplify MBS ETF by 4.7% during the second quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after purchasing an additional 5,582 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF during the second quarter valued at $111,000. Finally, Jane Street Group LLC raised its stake in shares of Simplify MBS ETF by 638.9% during the second quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after purchasing an additional 68,776 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.
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