Shares of Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) saw strong trading volume on Monday . Approximately 1,107,558 shares were traded during mid-day trading, an increase of 464% from the previous session’s volume of 196,387 shares.The stock last traded at $47.7960 and had previously closed at $47.74.
Simplify MBS ETF Stock Performance
The stock’s fifty day moving average price is $48.63 and its two-hundred day moving average price is $49.20.
Institutional Trading of Simplify MBS ETF
A number of hedge funds have recently modified their holdings of the business. MML Investors Services LLC lifted its position in Simplify MBS ETF by 7.1% during the 4th quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock valued at $88,503,000 after acquiring an additional 116,584 shares during the period. WealthPlan Investment Management LLC purchased a new stake in Simplify MBS ETF in the fourth quarter worth about $5,869,000. Prevail Innovative Wealth Advisors LLC bought a new position in shares of Simplify MBS ETF during the fourth quarter valued at approximately $3,656,000. Jane Street Group LLC lifted its holdings 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 during the last quarter. Finally, Convergence Financial LLC lifted its holdings in shares of Simplify MBS ETF by 19.5% during the fourth quarter. Convergence Financial LLC now owns 392,856 shares of the company’s stock valued at $19,804,000 after purchasing an additional 64,038 shares during the last quarter.
Simplify MBS ETF Company 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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