Simplify Asset Management Inc. Takes Position in Simplify MBS ETF (NYSEARCA:MTBA)

Simplify Asset Management Inc. bought a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 884,453 shares of the company’s stock, valued at approximately $44,541,000. Simplify MBS ETF accounts for approximately 3.0% of Simplify Asset Management Inc.’s portfolio, making the stock its 8th largest holding. Simplify Asset Management Inc. owned approximately 6.80% of Simplify MBS ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of Simplify MBS ETF by 16.0% during the second quarter. Envestnet Asset Management Inc. now owns 951,569 shares of the company’s stock worth $47,921,000 after purchasing an additional 131,095 shares during the period. Peak Financial Advisors LLC raised its holdings in Simplify MBS ETF by 30.2% during the 2nd quarter. Peak Financial Advisors LLC now owns 389,593 shares of the company’s stock worth $19,620,000 after buying an additional 90,280 shares during the period. Bar Harbor Wealth Management lifted its stake in Simplify MBS ETF by 38.0% during the second quarter. Bar Harbor Wealth Management now owns 265,351 shares of the company’s stock valued at $13,363,000 after buying an additional 73,068 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new position in shares of Simplify MBS ETF in the fourth quarter worth about $10,109,000. Finally, Leuthold Group LLC acquired a new position in shares of Simplify MBS ETF in the second quarter worth about $9,356,000.

Simplify MBS ETF Stock Performance

MTBA stock opened at $51.91 on Friday. Simplify MBS ETF has a 52-week low of $49.51 and a 52-week high of $51.97. The company’s 50 day simple moving average is $51.32 and its 200-day simple moving average is $50.80.

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.