Simplify MBS ETF $MTBA is Peak Financial Advisors LLC’s 3rd Largest Position

Peak Financial Advisors LLC lessened its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 343,050 shares of the company’s stock after selling 31,526 shares during the quarter. Simplify MBS ETF makes up approximately 7.5% of Peak Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Peak Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $16,967,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in Simplify MBS ETF by 37.6% during the first quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock valued at $1,095,000 after purchasing an additional 5,970 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of Simplify MBS ETF in the first quarter valued at $518,000. JPMorgan Chase & Co. raised its stake in shares of Simplify MBS ETF by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after buying an additional 5,582 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Simplify MBS ETF during the 2nd quarter valued at $111,000. Finally, Jane Street Group LLC lifted its position in shares of Simplify MBS ETF by 638.9% during the 2nd quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after buying an additional 68,776 shares during the last quarter.

Simplify MBS ETF Stock Performance

MTBA stock opened at $49.18 on Monday. The stock has a fifty day moving average of $49.28 and a 200-day moving average of $49.90. Simplify MBS ETF has a fifty-two week low of $48.67 and a fifty-two week high of $50.88.

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.