HighTower Advisors LLC lifted its position in Simplify Health Care ETF (NYSEARCA:PINK – Free Report) by 31.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 383,578 shares of the company’s stock after purchasing an additional 91,453 shares during the period. HighTower Advisors LLC’s holdings in Simplify Health Care ETF were worth $14,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gambit Capital Management LLC acquired a new position in shares of Simplify Health Care ETF in the fourth quarter worth about $917,000. Cauble & Harre Wealth Management Inc. purchased a new position in shares of Simplify Health Care ETF in the 4th quarter valued at about $304,000. Blue Water Asset Management acquired a new position in Simplify Health Care ETF in the 4th quarter worth about $319,000. Thrivent Financial for Lutherans raised its holdings in Simplify Health Care ETF by 24.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 87,112 shares of the company’s stock worth $3,205,000 after purchasing an additional 17,248 shares during the period. Finally, Independent Advisor Alliance purchased a new position in Simplify Health Care ETF during the fourth quarter worth approximately $233,000.
Simplify Health Care ETF Stock Performance
Shares of PINK opened at $36.86 on Monday. The firm has a market cap of $256.91 million, a P/E ratio of 23.95 and a beta of 0.72. Simplify Health Care ETF has a 12 month low of $27.89 and a 12 month high of $38.68. The stock’s 50 day moving average is $34.72 and its two-hundred day moving average is $35.80.
About Simplify Health Care ETF
The Simplify Health Care ETF (PINK) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund of US healthcare stocks and\u002For ETFs. The fund seeks long-term capital growth and commits to donate its net profit, in the form of its annual management fee to the Susan G PINK was launched on Oct 7, 2021 and is managed by Simplify.
Further Reading
- Five stocks we like better than Simplify Health Care ETF
- The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind
- 3 Rare Earth Stocks That Win No Matter What China Does Next
- Amylyx Stock: Why the Full Pipeline Story Matters
- Palantir and Dell Build an AI OS for the Paranoid
Want to see what other hedge funds are holding PINK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify Health Care ETF (NYSEARCA:PINK – Free Report).
Receive News & Ratings for Simplify Health Care ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simplify Health Care ETF and related companies with MarketBeat.com's FREE daily email newsletter.
