Sanctuary Advisors LLC Has $1.47 Million Stock Holdings in Simplify Health Care ETF (NYSEARCA:PINK)

Sanctuary Advisors LLC raised its holdings in Simplify Health Care ETF (NYSEARCA:PINK) by 22.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,434 shares of the company’s stock after buying an additional 8,632 shares during the quarter. Sanctuary Advisors LLC owned 1.13% of Simplify Health Care ETF worth $1,466,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Pekin Hardy Strauss Inc. grew 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 acquiring an additional 630 shares during the last quarter. MML Investors Services LLC boosted its holdings in Simplify Health Care ETF by 19.0% in the 3rd quarter. MML Investors Services LLC now owns 8,808 shares of the company’s stock valued at $289,000 after purchasing an additional 1,405 shares during the period. Private Trust Co. NA grew its position in 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 worth $171,000 after purchasing an additional 2,207 shares during the last quarter. Principal Securities Inc. acquired a new stake in Simplify Health Care ETF in the 4th quarter worth $84,000. Finally, Freedom Investment Management Inc. acquired a new position in shares of Simplify Health Care ETF during the third quarter valued at about $228,000.

Simplify Health Care ETF Stock Performance

Shares of PINK opened at $30.04 on Tuesday. Simplify Health Care ETF has a 52 week low of $28.58 and a 52 week high of $33.34. The firm has a market capitalization of $145.09 million, a P/E ratio of 34.00 and a beta of 0.79. The company has a 50-day simple moving average of $30.15 and a 200-day simple moving average of $31.42.

Simplify Health Care ETF 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.