Stephens Inc. AR Makes New Investment in Simplify MBS ETF $MTBA

Stephens Inc. AR purchased a new position in Simplify MBS ETF (NYSEARCA:MTBA) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 9,000 shares of the company’s stock, valued at approximately $451,000.

Other large investors have also bought and sold shares of the company. Sharp Financial Services LLC grew its holdings in Simplify MBS ETF by 56.7% in the second quarter. Sharp Financial Services LLC now owns 7,050 shares of the company’s stock worth $353,000 after purchasing an additional 2,550 shares during the period. Priebe Wealth Holdings LLC grew its holdings in Simplify MBS ETF by 31.0% in the second quarter. Priebe Wealth Holdings LLC now owns 123,100 shares of the company’s stock worth $6,166,000 after purchasing an additional 29,100 shares during the period. Narwhal Capital Management grew its holdings in Simplify MBS ETF by 22.2% in the second quarter. Narwhal Capital Management now owns 71,250 shares of the company’s stock worth $3,569,000 after purchasing an additional 12,928 shares during the period. Heck Capital Advisors LLC grew its holdings in shares of Simplify MBS ETF by 3.0% during the second quarter. Heck Capital Advisors LLC now owns 230,380 shares of the company’s stock valued at $11,540,000 after buying an additional 6,620 shares during the last quarter. Finally, Beckerman Institutional LLC grew its holdings in shares of Simplify MBS ETF by 7.0% during the first quarter. Beckerman Institutional LLC now owns 33,633 shares of the company’s stock valued at $1,686,000 after buying an additional 2,200 shares during the last quarter.

Simplify MBS ETF Trading Down 0.1%

Shares of NYSEARCA MTBA opened at $50.67 on Friday. The company has a 50-day moving average price of $50.50 and a 200-day moving average price of $50.06. Simplify MBS ETF has a 1 year low of $49.10 and a 1 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.