J.W. Cole Advisors Inc. Raises Stake in Simplify MBS ETF (NYSEARCA:MTBA)

J.W. Cole Advisors Inc. lifted its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 185.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,382 shares of the company’s stock after acquiring an additional 35,322 shares during the period. J.W. Cole Advisors Inc. owned 0.42% of Simplify MBS ETF worth $2,800,000 as of its most recent filing with the Securities & Exchange Commission.

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

Simplify MBS ETF Stock Down 0.2 %

MTBA stock opened at $50.42 on Monday. Simplify MBS ETF has a one year low of $49.51 and a one year high of $51.97. The firm’s 50 day moving average price is $51.35 and its 200-day moving average price is $50.84.

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.