Simplify MBS ETF (NYSEARCA:MTBA) is Park Edge Advisors LLC’s 8th Largest Position

Park Edge Advisors LLC cut its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 29.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,185 shares of the company’s stock after selling 58,614 shares during the quarter. Simplify MBS ETF comprises about 2.0% of Park Edge Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Park Edge Advisors LLC owned 1.06% of Simplify MBS ETF worth $6,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Hilton Capital Management LLC purchased a new stake in Simplify MBS ETF during the 3rd quarter worth $39,655,000. Proficio Capital Partners LLC increased its holdings in Simplify MBS ETF by 1,942.1% during the 3rd quarter. Proficio Capital Partners LLC now owns 293,650 shares of the company’s stock worth $15,117,000 after purchasing an additional 279,270 shares during the last quarter. MML Investors Services LLC raised its position in shares of Simplify MBS ETF by 21.1% in the 3rd quarter. MML Investors Services LLC now owns 1,189,169 shares of the company’s stock valued at $61,218,000 after purchasing an additional 207,038 shares in the last quarter. Simplify Asset Management Inc. boosted its stake in shares of Simplify MBS ETF by 21.6% during the 3rd quarter. Simplify Asset Management Inc. now owns 1,075,137 shares of the company’s stock valued at $55,348,000 after buying an additional 190,684 shares during the last quarter. Finally, Bar Harbor Wealth Management grew its position in shares of Simplify MBS ETF by 238.5% during the fourth quarter. Bar Harbor Wealth Management now owns 170,519 shares of the company’s stock worth $8,473,000 after buying an additional 120,150 shares in the last quarter.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA:MTBA opened at $49.72 on Friday. Simplify MBS ETF has a 12-month low of $49.10 and a 12-month high of $51.97. The company has a fifty day simple moving average of $49.92 and a 200 day simple moving average of $50.66.

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.