Simplify MBS ETF (NYSEARCA:MTBA) Shares Sold by Magnus Financial Group LLC

Magnus Financial Group LLC trimmed its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 85.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,488 shares of the company’s stock after selling 27,427 shares during the quarter. Magnus Financial Group LLC’s holdings in Simplify MBS ETF were worth $223,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Investors Research Corp acquired a new position in shares of Simplify MBS ETF during the 3rd quarter worth approximately $46,000. Ables Iannone Moore & Associates Inc. acquired a new position in Simplify MBS ETF during the third quarter worth $212,000. Smith Anglin Financial LLC purchased a new stake in Simplify MBS ETF in the 4th quarter valued at $228,000. Straight Path Wealth Management grew its holdings in Simplify MBS ETF by 22.6% in the 2nd quarter. Straight Path Wealth Management now owns 5,160 shares of the company’s stock valued at $260,000 after buying an additional 950 shares in the last quarter. Finally, Wedmont Private Capital acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $263,000.

Simplify MBS ETF Price Performance

Shares of MTBA stock opened at $49.67 on Friday. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97. The company’s 50-day moving average price is $49.93 and its 200-day moving average price is $50.67.

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.