Peak Financial Advisors LLC Reduces Stake in Simplify MBS ETF (NYSEARCA:MTBA)

Peak Financial Advisors LLC trimmed its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 8.4% in the fourth quarter, Holdings Channel reports. The firm owned 361,213 shares of the company’s stock after selling 33,068 shares during the quarter. Simplify MBS ETF comprises approximately 9.3% of Peak Financial Advisors LLC’s investment portfolio, making the stock its biggest position. Peak Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $17,949,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MTBA. HighTower Advisors LLC boosted its holdings in shares of Simplify MBS ETF by 88.6% in the 3rd quarter. HighTower Advisors LLC now owns 9,934 shares of the company’s stock valued at $508,000 after buying an additional 4,666 shares during the last quarter. Private Advisor Group LLC raised its position in Simplify MBS ETF by 342.3% during the third quarter. Private Advisor Group LLC now owns 44,452 shares of the company’s stock worth $2,289,000 after acquiring an additional 34,402 shares in the last quarter. Evergreen Capital Management LLC grew its position in shares of Simplify MBS ETF by 153.5% in the 2nd quarter. Evergreen Capital Management LLC now owns 427,345 shares of the company’s stock valued at $21,521,000 after acquiring an additional 258,765 shares during the period. Ables Iannone Moore & Associates Inc. acquired a new stake in Simplify MBS ETF in the 3rd quarter valued at about $212,000. Finally, Seneca House Advisors increased its position in Simplify MBS ETF by 27.5% during the third quarter. Seneca House Advisors now owns 41,527 shares of the company’s stock worth $2,138,000 after buying an additional 8,953 shares during the last quarter.

Simplify MBS ETF Stock Up 0.2 %

MTBA opened at $49.23 on Wednesday. Simplify MBS ETF has a 12-month low of $49.10 and a 12-month high of $51.97. The business has a 50 day moving average of $49.99 and a 200-day 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.