Magnus Financial Group LLC Reduces Stake in Simplify MBS ETF (NYSEARCA:MTBA)

Magnus Financial Group LLC decreased its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 85.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,488 shares of the company’s stock after selling 27,427 shares during the quarter. Magnus Financial Group LLC’s holdings in Simplify MBS ETF were worth $223,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hilton Capital Management LLC acquired a new stake in shares of Simplify MBS ETF during the third quarter worth about $39,655,000. Proficio Capital Partners LLC increased its position in Simplify MBS ETF by 1,942.1% during the third quarter. Proficio Capital Partners LLC now owns 293,650 shares of the company’s stock worth $15,117,000 after buying an additional 279,270 shares during the period. MML Investors Services LLC lifted its stake in Simplify MBS ETF by 21.1% in the third quarter. MML Investors Services LLC now owns 1,189,169 shares of the company’s stock valued at $61,218,000 after buying an additional 207,038 shares during the last quarter. Simplify Asset Management Inc. lifted its stake in Simplify MBS ETF by 21.6% in the third 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 boosted its holdings in shares of Simplify MBS ETF by 238.5% in the fourth quarter. Bar Harbor Wealth Management now owns 170,519 shares of the company’s stock valued at $8,473,000 after acquiring an additional 120,150 shares during the period.

Simplify MBS ETF Price Performance

Shares of Simplify MBS ETF stock opened at $49.67 on Friday. The company’s fifty day moving average is $49.93 and its two-hundred day moving average is $50.67. Simplify MBS ETF has a 1 year low of $49.10 and a 1 year high of $51.97.

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.