Simplify MBS ETF (NYSEARCA:MTBA) Stock Position Decreased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 7.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 50,499 shares of the company’s stock after selling 3,883 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Simplify MBS ETF were worth $2,509,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of MTBA. Narwhal Capital Management grew its position in Simplify MBS ETF by 42.9% in the 3rd quarter. Narwhal Capital Management now owns 48,135 shares of the company’s stock worth $2,478,000 after purchasing an additional 14,447 shares during the last quarter. Private Advisor Group LLC grew its position in Simplify MBS ETF by 342.3% in the 3rd quarter. Private Advisor Group LLC now owns 44,452 shares of the company’s stock worth $2,289,000 after purchasing an additional 34,402 shares during the last quarter. Cambridge Advisors Inc. grew its position in Simplify MBS ETF by 6.1% in the 3rd quarter. Cambridge Advisors Inc. now owns 14,967 shares of the company’s stock worth $771,000 after purchasing an additional 858 shares during the last quarter. PFG Investments LLC bought a new position in Simplify MBS ETF in the 3rd quarter worth about $325,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Simplify MBS ETF by 890.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 107,470 shares of the company’s stock worth $5,533,000 after purchasing an additional 96,618 shares during the last quarter.

Simplify MBS ETF Stock Up 0.4 %

Shares of NYSEARCA:MTBA opened at $49.96 on Monday. The company has a 50 day moving average of $49.77 and a 200-day moving average of $50.55. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month 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.