GK Wealth Management LLC Purchases Shares of 24,648 Simplify MBS ETF $MTBA

GK Wealth Management LLC acquired a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 24,648 shares of the company’s stock, valued at approximately $1,209,000.

Other institutional investors also recently made changes to their positions in the company. MML Investors Services LLC grew its position in shares of Simplify MBS ETF by 7.1% in 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 during the last quarter. WealthPlan Investment Management LLC acquired a new stake in Simplify MBS ETF during 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 valued at $18,079,000 after purchasing an additional 78,688 shares during the period. Prevail Innovative Wealth Advisors LLC bought a new stake in Simplify MBS ETF in the 4th quarter valued at $3,656,000. Finally, Jane Street Group LLC grew its holdings in Simplify MBS ETF by 638.9% in 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 Up 0.4%

MTBA stock opened at $48.71 on Wednesday. Simplify MBS ETF has a fifty-two week low of $48.37 and a fifty-two week high of $50.88. The business’s fifty day moving average price is $48.99 and its two-hundred day moving average price is $49.60.

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