Magnus Financial Group LLC Buys 9,580 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Magnus Financial Group LLC lifted its position in Simplify MBS ETF (NYSEARCA:MTBA) by 42.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,915 shares of the company’s stock after purchasing an additional 9,580 shares during the quarter. Magnus Financial Group LLC owned about 0.25% of Simplify MBS ETF worth $1,643,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Tortoise Investment Management LLC bought a new position in Simplify MBS ETF during the second quarter valued at $108,000. Narus Financial Partners LLC bought a new position in shares of Simplify MBS ETF in the 2nd quarter valued at about $212,000. Ables Iannone Moore & Associates Inc. bought a new stake in Simplify MBS ETF during the third quarter worth approximately $212,000. Whittier Trust Co. bought a new stake in Simplify MBS ETF during the second quarter worth approximately $248,000. Finally, Calamos Advisors LLC raised its position in Simplify MBS ETF by 16.7% during the second quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock valued at $259,000 after purchasing an additional 736 shares during the period.

Simplify MBS ETF Price Performance

Shares of Simplify MBS ETF stock traded up $0.09 on Tuesday, reaching $50.98. The company had a trading volume of 128,490 shares, compared to its average volume of 196,240. The firm’s 50-day moving average price is $51.45 and its two-hundred day moving average price is $50.84. Simplify MBS ETF has a 1 year low of $49.51 and a 1 year high of $51.97.

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.