Private Advisor Group LLC Acquires 33,733 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

Private Advisor Group LLC boosted its holdings in Simplify Health Care ETF (NYSEARCA:PINK) by 220.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 49,001 shares of the company’s stock after acquiring an additional 33,733 shares during the quarter. Private Advisor Group LLC owned 1.17% of Simplify Health Care ETF worth $1,609,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in PINK. Diversify Advisory Services LLC bought a new position in Simplify Health Care ETF in the 2nd quarter valued at about $24,070,000. Wealth Enhancement Advisory Services LLC lifted its position in Simplify Health Care ETF by 421.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 180,163 shares of the company’s stock valued at $5,657,000 after acquiring an additional 145,588 shares in the last quarter. Fortis Group Advisors LLC lifted its position in Simplify Health Care ETF by 171.3% in the 3rd quarter. Fortis Group Advisors LLC now owns 221,820 shares of the company’s stock valued at $7,282,000 after acquiring an additional 140,061 shares in the last quarter. Lee Danner & Bass Inc. bought a new position in Simplify Health Care ETF in the 2nd quarter valued at about $4,367,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Simplify Health Care ETF during the 3rd quarter worth approximately $2,189,000.

Simplify Health Care ETF Stock Down 1.0 %

Simplify Health Care ETF stock opened at $32.43 on Thursday. Simplify Health Care ETF has a 52 week low of $23.61 and a 52 week high of $33.34. The company’s 50 day moving average price is $32.56 and its two-hundred day moving average price is $31.31. The stock has a market cap of $135.56 million, a P/E 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.