Ethic Inc. purchased a new position in shares of Simplify Health Care ETF (NYSEARCA:PINK – Free Report) during the third quarter, Holdings Channel reports. The fund purchased 93,024 shares of the company’s stock, valued at approximately $3,591,000.
Several other hedge funds and other institutional investors have also modified their holdings of PINK. NewEdge Advisors LLC purchased a new stake in shares of Simplify Health Care ETF in the 2nd quarter valued at $10,803,000. Cooper Capital Advisors LLC acquired a new position in Simplify Health Care ETF in the 3rd quarter valued at about $9,057,000. SBE LLC DBA Cedar Cove Wealth Partners grew its position in Simplify Health Care ETF by 1.0% in the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 113,811 shares of the company’s stock valued at $4,393,000 after acquiring an additional 1,131 shares in the last quarter. Integrity Alliance LLC. acquired a new position in Simplify Health Care ETF in the 3rd quarter valued at about $1,856,000. Finally, Envestnet Asset Management Inc. increased its stake in Simplify Health Care ETF by 36.8% during the second quarter. Envestnet Asset Management Inc. now owns 31,724 shares of the company’s stock worth $1,242,000 after purchasing an additional 8,539 shares during the period.
Simplify Health Care ETF Price Performance
Shares of NYSEARCA:PINK opened at $40.63 on Wednesday. The firm has a market capitalization of $344.54 million, a PE ratio of 35.72 and a beta of 0.72. Simplify Health Care ETF has a 1 year low of $32.03 and a 1 year high of $41.20. The firm’s 50-day moving average is $39.09 and its two-hundred day moving average is $37.43.
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.
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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).
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