Park Edge Advisors LLC Acquires 26,637 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Park Edge Advisors LLC increased its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 15.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 196,799 shares of the company’s stock after buying an additional 26,637 shares during the period. Simplify MBS ETF makes up approximately 2.9% of Park Edge Advisors LLC’s portfolio, making the stock its 5th biggest position. Park Edge Advisors LLC’s holdings in Simplify MBS ETF were worth $10,131,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tortoise Investment Management LLC acquired a new stake in Simplify MBS ETF during the second quarter worth about $108,000. Ables Iannone Moore & Associates Inc. bought a new position in Simplify MBS ETF in the 3rd quarter worth about $212,000. Narus Financial Partners LLC bought a new position in Simplify MBS ETF in the 2nd quarter worth about $212,000. Whittier Trust Co. bought a new position in Simplify MBS ETF in the 2nd quarter worth about $248,000. Finally, Calamos Advisors LLC grew its position in Simplify MBS ETF by 16.7% in the 2nd quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock worth $259,000 after purchasing an additional 736 shares during the last quarter.

Simplify MBS ETF Price Performance

NYSEARCA MTBA traded down $0.09 on Friday, hitting $50.42. The stock had a trading volume of 95,984 shares, compared to its average volume of 197,433. Simplify MBS ETF has a one year low of $49.51 and a one year high of $51.97. The company’s 50-day moving average is $51.35 and its two-hundred day moving average is $50.84.

About Simplify MBS ETF

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.