40,239 Shares in Simplify Health Care ETF (NYSEARCA:PINK) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 40,239 shares of the company’s stock, valued at approximately $1,168,000.

A number of other hedge funds have also modified their holdings of the company. PFG Advisors bought a new stake in shares of Simplify Health Care ETF during the 1st quarter valued at $397,000. CWM LLC raised its holdings in Simplify Health Care ETF by 300.8% during the second quarter. CWM LLC now owns 12,029 shares of the company’s stock valued at $378,000 after acquiring an additional 9,028 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Simplify Health Care ETF by 421.1% in the second 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. Geneos Wealth Management Inc. bought a new position in shares of Simplify Health Care ETF in the first quarter worth about $433,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Simplify Health Care ETF during the first quarter worth about $695,000.

Simplify Health Care ETF Trading Down 0.6 %

Shares of PINK opened at $31.89 on Friday. The business’s 50 day moving average is $32.45 and its 200 day moving average is $31.10. Simplify Health Care ETF has a 12-month low of $23.51 and a 12-month high of $33.34. The company has a market capitalization of $133.30 million, a PE ratio of 28.37 and a beta of 0.72.

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.