Ameritas Advisory Services LLC Cuts Holdings in Simplify MBS ETF $MTBA

Ameritas Advisory Services LLC cut its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 90.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,954 shares of the company’s stock after selling 17,621 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Simplify MBS ETF were worth $98,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its position in Simplify MBS ETF by 25.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 36,459 shares of the company’s stock valued at $1,828,000 after purchasing an additional 7,345 shares during the period. Beckerman Institutional LLC raised its position in Simplify MBS ETF by 7.0% in the first quarter. Beckerman Institutional LLC now owns 33,633 shares of the company’s stock valued at $1,686,000 after purchasing an additional 2,200 shares during the period. Knights of Columbus Asset Advisors LLC purchased a new position in Simplify MBS ETF in the first quarter valued at about $360,000. Park Edge Advisors LLC raised its position in Simplify MBS ETF by 25.0% in the second quarter. Park Edge Advisors LLC now owns 95,797 shares of the company’s stock valued at $4,798,000 after purchasing an additional 19,161 shares during the period. Finally, Watchman Group Inc. raised its position in Simplify MBS ETF by 21.5% in the first quarter. Watchman Group Inc. now owns 705,768 shares of the company’s stock valued at $35,387,000 after purchasing an additional 124,842 shares during the period.

Simplify MBS ETF Price Performance

NYSEARCA:MTBA opened at $50.51 on Friday. The business’s 50-day moving average is $50.39 and its two-hundred day moving average is $50.02. Simplify MBS ETF has a 12 month low of $49.10 and a 12 month high of $51.07.

Simplify MBS ETF Company 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.