Flagship Private Wealth LLC lessened its holdings in Simplify Health Care ETF (NYSEARCA:PINK – Free Report) by 37.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,099 shares of the company’s stock after selling 16,667 shares during the quarter. Flagship Private Wealth LLC’s holdings in Simplify Health Care ETF were worth $946,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the business. Cambridge Advisors Inc. boosted its position in Simplify Health Care ETF by 39.1% during the first quarter. Cambridge Advisors Inc. now owns 31,553 shares of the company’s stock valued at $1,062,000 after buying an additional 8,867 shares during the period. Hilltop Holdings Inc. purchased a new position in shares of Simplify Health Care ETF in the fourth quarter worth about $282,000. Osaic Holdings Inc. increased its holdings in shares of Simplify Health Care ETF by 57.4% in the fourth quarter. Osaic Holdings Inc. now owns 55,776 shares of the company’s stock worth $2,041,000 after buying an additional 20,331 shares during the period. Advisory Services Network LLC lifted its stake in shares of Simplify Health Care ETF by 3,200.4% in the 4th quarter. Advisory Services Network LLC now owns 8,251 shares of the company’s stock valued at $302,000 after acquiring an additional 8,001 shares during the last quarter. Finally, MML Investors Services LLC bought a new stake in shares of Simplify Health Care ETF in the 4th quarter valued at about $704,000.
Simplify Health Care ETF Price Performance
Shares of PINK stock opened at $39.15 on Wednesday. The business has a 50-day moving average of $36.76 and a 200 day moving average of $36.13. Simplify Health Care ETF has a 1-year low of $28.32 and a 1-year high of $39.28. The stock has a market capitalization of $272.88 million, a PE ratio of 23.95 and a beta of 0.74.
Simplify Health Care ETF Company Profile
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.
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