Mill Creek Capital Advisors LLC Trims Stake in Simplify MBS ETF (NYSEARCA:MTBA)

Mill Creek Capital Advisors LLC lessened its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 21.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 712,077 shares of the company’s stock after selling 191,055 shares during the quarter. Simplify MBS ETF makes up about 0.8% of Mill Creek Capital Advisors LLC’s portfolio, making the stock its 19th biggest position. Mill Creek Capital Advisors LLC owned approximately 5.48% of Simplify MBS ETF worth $35,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of MTBA. Investors Research Corp bought a new stake in Simplify MBS ETF during the 3rd quarter valued at $46,000. Webster Bank N. A. bought a new stake in Simplify MBS ETF during the 4th quarter valued at $50,000. Endeavor Private Wealth Inc. acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $130,000. Ables Iannone Moore & Associates Inc. boosted its position in shares of Simplify MBS ETF by 5.7% in the 4th quarter. Ables Iannone Moore & Associates Inc. now owns 4,355 shares of the company’s stock worth $216,000 after purchasing an additional 236 shares in the last quarter. Finally, Smith Anglin Financial LLC acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $228,000.

Simplify MBS ETF Price Performance

Simplify MBS ETF stock opened at $49.81 on Tuesday. Simplify MBS ETF has a 1-year low of $49.10 and a 1-year high of $51.97. The business has a fifty day moving average price of $49.84 and a 200-day moving average price of $50.58.

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.