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

Mill Creek Capital Advisors LLC lowered its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 21.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 712,077 shares of the company’s stock after selling 191,055 shares during the period. Simplify MBS ETF comprises about 0.8% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Mill Creek Capital Advisors LLC owned 0.05% of Simplify MBS ETF worth $35,383,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MTBA. Investors Research Corp purchased a new position in shares of Simplify MBS ETF during the 3rd quarter valued at about $46,000. Webster Bank N. A. purchased a new position in shares of Simplify MBS ETF in the 4th quarter valued at about $50,000. Endeavor Private Wealth Inc. purchased a new position in shares of Simplify MBS ETF in the 4th quarter valued at about $130,000. Ables Iannone Moore & Associates Inc. increased its stake 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 valued at $216,000 after purchasing an additional 236 shares in the last quarter. Finally, Smith Anglin Financial LLC purchased a new position in shares of Simplify MBS ETF in the 4th quarter valued at about $228,000.

Simplify MBS ETF Stock Performance

Shares of Simplify MBS ETF stock opened at $49.81 on Tuesday. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97. The business has a 50-day moving average price of $49.84 and a 200 day moving average price of $50.58.

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.