Keel Point LLC Takes Position in Simplify MBS ETF $MTBA

Keel Point LLC bought a new stake in Simplify MBS ETF (NYSEARCA:MTBA) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 38,370 shares of the company’s stock, valued at approximately $1,898,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. MML Investors Services LLC lifted its position in Simplify MBS ETF by 7.1% during the fourth quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock valued at $88,503,000 after purchasing an additional 116,584 shares in the last quarter. WealthPlan Investment Management LLC purchased a new position in Simplify MBS ETF in the 4th quarter worth approximately $5,869,000. Pekin Hardy Strauss Inc. boosted its stake in Simplify MBS ETF by 28.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 358,640 shares of the company’s stock worth $18,079,000 after purchasing an additional 78,688 shares during the period. Prevail Innovative Wealth Advisors LLC bought a new position in Simplify MBS ETF in the 4th quarter worth approximately $3,656,000. Finally, Jane Street Group LLC grew its holdings in Simplify MBS ETF by 638.9% during the 2nd quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after buying an additional 68,776 shares in the last quarter.

Simplify MBS ETF Trading Down 0.3%

Simplify MBS ETF stock opened at $48.42 on Friday. Simplify MBS ETF has a 1 year low of $48.37 and a 1 year high of $50.88. The firm’s 50 day moving average price is $49.01 and its 200-day moving average price is $49.63.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.