Simplify MBS ETF (NYSEARCA:MTBA) Reaches New 1-Year Low – What’s Next?

Shares of Simplify MBS ETF (NYSEARCA:MTBA) reached a new 52-week low during trading on Wednesday. The stock traded as low as $47.37 and last traded at $47.3860, with a volume of 123672 shares. The stock had previously closed at $47.84.

Simplify MBS ETF Trading Down 0.3%

The business’s fifty day moving average is $48.39 and its two-hundred day moving average is $49.02.

Institutional Trading of Simplify MBS ETF

Several institutional investors and hedge funds have recently modified their holdings of MTBA. Harbour Investments Inc. grew its stake in Simplify MBS ETF by 105.3% in the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after purchasing an additional 1,323 shares in the last quarter. Realta Investment Advisors bought a new stake in Simplify MBS ETF during the 1st quarter valued at $168,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Simplify MBS ETF by 275.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,750 shares of the company’s stock worth $189,000 after buying an additional 2,750 shares during the period. OneAscent Family Office LLC purchased a new stake in shares of Simplify MBS ETF in the 4th quarter worth $202,000. Finally, Founders Financial Securities LLC grew its position in shares of Simplify MBS ETF by 4.5% during the 1st quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock worth $284,000 after buying an additional 246 shares in the last quarter.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.