MML Investors Services LLC Increases Stock Holdings in Simplify Health Care ETF (NYSEARCA:PINK)

MML Investors Services LLC grew its holdings in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 19.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,808 shares of the company’s stock after purchasing an additional 1,405 shares during the period. MML Investors Services LLC owned about 0.21% of Simplify Health Care ETF worth $289,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PINK. Concourse Financial Group Securities Inc. purchased a new position in Simplify Health Care ETF in the second quarter valued at $39,000. Private Trust Co. NA boosted its stake in shares of Simplify Health Care ETF by 73.8% in the 3rd quarter. Private Trust Co. NA now owns 5,196 shares of the company’s stock valued at $171,000 after buying an additional 2,207 shares during the period. Freedom Investment Management Inc. acquired a new position in shares of Simplify Health Care ETF during the third quarter worth about $228,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of Simplify Health Care ETF during the second quarter worth approximately $252,000. Finally, Jane Street Group LLC acquired a new stake in Simplify Health Care ETF in the third quarter valued at approximately $267,000.

Simplify Health Care ETF Stock Up 0.3 %

NYSEARCA PINK opened at $30.21 on Thursday. Simplify Health Care ETF has a 52 week low of $26.79 and a 52 week high of $33.34. The firm has a 50 day moving average of $31.43 and a two-hundred day moving average of $31.78. The stock has a market capitalization of $126.28 million, a PE ratio of 28.37 and a beta of 0.72.

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.