Simplify MBS ETF (NYSEARCA:MTBA) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 88.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,934 shares of the company’s stock after purchasing an additional 4,666 shares during the period. HighTower Advisors LLC’s holdings in Simplify MBS ETF were worth $508,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Simplify MBS ETF in the 2nd quarter valued at about $547,000. Calamos Advisors LLC grew its stake in shares of Simplify MBS ETF by 16.7% during the second quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock worth $259,000 after purchasing an additional 736 shares in the last quarter. Park Edge Advisors LLC raised its stake in Simplify MBS ETF by 14.7% in the second quarter. Park Edge Advisors LLC now owns 170,162 shares of the company’s stock valued at $8,569,000 after buying an additional 21,871 shares in the last quarter. Whittier Trust Co. purchased a new position in shares of Simplify MBS ETF in the 2nd quarter valued at about $248,000. Finally, Ameritas Advisory Services LLC lifted its stake in Simplify MBS ETF by 52.3% during the second quarter. Ameritas Advisory Services LLC now owns 42,500 shares of the company’s stock worth $2,140,000 after purchasing an additional 14,600 shares during the last quarter.

Simplify MBS ETF Price Performance

MTBA stock opened at $49.90 on Friday. The company’s 50 day moving average is $50.31 and its two-hundred day moving average is $50.83. Simplify MBS ETF has a twelve month low of $49.51 and a twelve month high of $51.97.

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.