Park Edge Advisors LLC Trims Stock Position in Simplify MBS ETF (NYSEARCA:MTBA)

Park Edge Advisors LLC trimmed its position in Simplify MBS ETF (NYSEARCA:MTBA) by 29.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,185 shares of the company’s stock after selling 58,614 shares during the quarter. Simplify MBS ETF makes up approximately 2.0% of Park Edge Advisors LLC’s holdings, making the stock its 8th largest position. Park Edge Advisors LLC’s holdings in Simplify MBS ETF were worth $6,866,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MTBA. HighTower Advisors LLC boosted its stake in Simplify MBS ETF by 88.6% in the third quarter. HighTower Advisors LLC now owns 9,934 shares of the company’s stock valued at $508,000 after acquiring an additional 4,666 shares during the period. Private Advisor Group LLC boosted its position in Simplify MBS ETF by 342.3% during the 3rd quarter. Private Advisor Group LLC now owns 44,452 shares of the company’s stock valued at $2,289,000 after purchasing an additional 34,402 shares during the period. JPMorgan Chase & Co. bought a new position in Simplify MBS ETF during the 3rd quarter worth $5,703,000. Brookstone Capital Management acquired a new stake in Simplify MBS ETF in the fourth quarter worth $837,000. Finally, Ables Iannone Moore & Associates Inc. bought a new stake in Simplify MBS ETF in the third quarter valued at $212,000.

Simplify MBS ETF Price Performance

Shares of MTBA opened at $49.72 on Friday. The firm has a fifty day moving average of $49.92 and a 200-day moving average of $50.66. Simplify MBS ETF has a 1 year low of $49.10 and a 1 year high of $51.97.

Simplify MBS ETF 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.