Smith Anglin Financial LLC Makes New $228,000 Investment in Simplify MBS ETF (NYSEARCA:MTBA)

Smith Anglin Financial LLC bought a new position in Simplify MBS ETF (NYSEARCA:MTBA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,586 shares of the company’s stock, valued at approximately $228,000.

Several other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC boosted its stake in shares of Simplify MBS ETF by 93.3% during the 2nd quarter. Private Advisor Group LLC now owns 10,050 shares of the company’s stock worth $506,000 after acquiring an additional 4,850 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Simplify MBS ETF by 16.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 951,569 shares of the company’s stock worth $47,921,000 after buying an additional 131,095 shares during the period. J.W. Cole Advisors Inc. bought a new stake in shares of Simplify MBS ETF in the second quarter valued at approximately $960,000. Leuthold Group LLC acquired a new position in shares of Simplify MBS ETF in the second quarter valued at $9,356,000. Finally, Simplify Asset Management Inc. acquired a new position in shares of Simplify MBS ETF in the second quarter valued at $44,541,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $49.23 on Wednesday. Simplify MBS ETF has a one year low of $49.10 and a one year high of $51.97. The business has a fifty day simple moving average of $49.99 and a 200 day simple moving average of $50.70.

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.