Simplify Health Care ETF (NYSEARCA:PINK) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. increased its stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 119.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,757 shares of the company’s stock after buying an additional 1,502 shares during the quarter. Concourse Financial Group Securities Inc. owned about 0.07% of Simplify Health Care ETF worth $91,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PINK. Koshinski Asset Management Inc. purchased a new stake in shares of Simplify Health Care ETF in the first quarter valued at about $202,000. Oppenheimer & Co. Inc. acquired a new position in Simplify Health Care ETF during the 1st quarter worth approximately $217,000. Pekin Hardy Strauss Inc. purchased a new position in shares of Simplify Health Care ETF during the 2nd quarter worth approximately $252,000. Brookstone Capital Management acquired a new stake in shares of Simplify Health Care ETF in the 1st quarter valued at approximately $342,000. Finally, CWM LLC boosted its stake in shares of Simplify Health Care ETF by 300.8% in the second quarter. CWM LLC now owns 12,029 shares of the company’s stock valued at $378,000 after buying an additional 9,028 shares in the last quarter.

Simplify Health Care ETF Price Performance

Shares of PINK stock opened at $32.52 on Friday. Simplify Health Care ETF has a 1-year low of $23.51 and a 1-year high of $33.34. The business’s fifty day moving average price is $32.52 and its 200 day moving average price is $31.18. The firm has a market capitalization of $135.93 million, a PE ratio of 28.37 and a beta of 0.72.

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.