Shares of Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $48.37 and last traded at $48.40, with a volume of 261254 shares traded. The stock had previously closed at $48.58.
Simplify MBS ETF Stock Performance
The firm has a fifty day simple moving average of $48.84 and a two-hundred day simple moving average of $49.38.
Institutional Investors Weigh In On Simplify MBS ETF
Hedge funds have recently bought and sold shares of the business. Founders Financial Securities LLC lifted its position in Simplify MBS ETF by 4.5% during the first quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock valued at $284,000 after purchasing an additional 246 shares during the last quarter. Longview Financial Advisors Inc. increased its stake in Simplify MBS ETF by 1.1% during the first quarter. Longview Financial Advisors Inc. now owns 24,323 shares of the company’s stock worth $1,203,000 after acquiring an additional 260 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Simplify MBS ETF by 1.9% in the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after purchasing an additional 343 shares during the last quarter. Cambridge Advisors Inc. boosted its holdings in shares of Simplify MBS ETF by 1.9% in the 1st quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock worth $965,000 after purchasing an additional 363 shares during the period. Finally, Continuum Advisory LLC increased its position in shares of Simplify MBS ETF by 1.5% during the 2nd quarter. Continuum Advisory LLC now owns 26,996 shares of the company’s stock valued at $1,325,000 after purchasing an additional 398 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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