Steward Partners Investment Advisory LLC Sells 2,500 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

Steward Partners Investment Advisory LLC reduced its position in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 51.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,365 shares of the company’s stock after selling 2,500 shares during the period. Steward Partners Investment Advisory LLC owned 0.06% of Simplify Health Care ETF worth $70,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in PINK. Principal Securities Inc. bought a new position in shares of Simplify Health Care ETF during the fourth quarter valued at about $84,000. Private Trust Co. NA raised its position in Simplify Health Care ETF by 73.8% in the third quarter. Private Trust Co. NA now owns 5,196 shares of the company’s stock worth $171,000 after acquiring an additional 2,207 shares during the period. Freedom Investment Management Inc. bought a new stake in Simplify Health Care ETF in the third quarter worth about $228,000. Jane Street Group LLC purchased a new position in shares of Simplify Health Care ETF in the third quarter worth about $267,000. Finally, Pekin Hardy Strauss Inc. increased its stake in shares of Simplify Health Care ETF by 7.8% in the third quarter. Pekin Hardy Strauss Inc. now owns 8,660 shares of the company’s stock worth $284,000 after purchasing an additional 630 shares in the last quarter.

Simplify Health Care ETF Stock Up 1.9 %

PINK opened at $29.67 on Tuesday. The company has a market capitalization of $148.35 million, a price-to-earnings ratio of 33.38 and a beta of 0.78. The firm has a 50-day moving average price of $30.07 and a 200-day moving average price of $31.13. Simplify Health Care ETF has a twelve month low of $28.58 and a twelve month high of $33.34.

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.