Sharp Financial Services LLC Makes New $258,000 Investment in Simplify MBS ETF (NYSEARCA:MTBA)

Sharp Financial Services LLC bought a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,200 shares of the company’s stock, valued at approximately $258,000.

Several other hedge funds have also recently bought and sold shares of MTBA. Hilton Capital Management LLC acquired a new position in Simplify MBS ETF during the third quarter worth $39,655,000. Proficio Capital Partners LLC increased its position in Simplify MBS ETF by 1,942.1% during the third quarter. Proficio Capital Partners LLC now owns 293,650 shares of the company’s stock worth $15,117,000 after buying an additional 279,270 shares during the last quarter. MML Investors Services LLC increased its position in Simplify MBS ETF by 21.1% during the third quarter. MML Investors Services LLC now owns 1,189,169 shares of the company’s stock worth $61,218,000 after buying an additional 207,038 shares during the last quarter. Simplify Asset Management Inc. increased its position in Simplify MBS ETF by 21.6% during the third quarter. Simplify Asset Management Inc. now owns 1,075,137 shares of the company’s stock worth $55,348,000 after buying an additional 190,684 shares during the last quarter. Finally, Bar Harbor Wealth Management boosted its holdings in Simplify MBS ETF by 238.5% during the fourth quarter. Bar Harbor Wealth Management now owns 170,519 shares of the company’s stock valued at $8,473,000 after acquiring an additional 120,150 shares during the period.

Simplify MBS ETF Stock Performance

MTBA stock opened at $49.77 on Thursday. Simplify MBS ETF has a 52-week low of $49.10 and a 52-week high of $51.97. The company has a 50-day moving average of $49.94 and a two-hundred day moving average of $50.68.

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.