Mount Lucas Management LP Sells 860 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Mount Lucas Management LP trimmed its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,500 shares of the company’s stock after selling 860 shares during the period. Simplify MBS ETF comprises 0.9% of Mount Lucas Management LP’s portfolio, making the stock its 25th largest position. Mount Lucas Management LP owned 0.47% of Simplify MBS ETF worth $3,097,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Peak Financial Advisors LLC purchased a new position in shares of Simplify MBS ETF during the first quarter valued at about $15,238,000. BlueCrest Capital Management Ltd purchased a new stake in Simplify MBS ETF in the fourth quarter worth about $10,109,000. Bar Harbor Wealth Management purchased a new stake in Simplify MBS ETF in the first quarter worth about $9,789,000. Aprio Wealth Management LLC purchased a new stake in Simplify MBS ETF in the first quarter worth about $7,633,000. Finally, Park Edge Advisors LLC grew its holdings in Simplify MBS ETF by 769.7% in the first quarter. Park Edge Advisors LLC now owns 148,291 shares of the company’s stock worth $7,549,000 after purchasing an additional 131,241 shares during the period.

Simplify MBS ETF Price Performance

MTBA traded up $0.08 during midday trading on Friday, reaching $51.67. The company’s stock had a trading volume of 241,568 shares, compared to its average volume of 192,007. Simplify MBS ETF has a 1 year low of $49.51 and a 1 year high of $51.89. The stock’s 50-day moving average is $51.08 and its 200-day moving average is $50.72.

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.