Jane Street Group LLC Purchases New Position in Simplify Health Care ETF (NYSEARCA:PINK)

Jane Street Group LLC purchased a new stake in Simplify Health Care ETF (NYSEARCA:PINK) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,144 shares of the company’s stock, valued at approximately $267,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its stake in shares of Simplify Health Care ETF by 41.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 32,373 shares of the company’s stock valued at $1,063,000 after purchasing an additional 9,521 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Simplify Health Care ETF by 220.9% in the 3rd quarter. Private Advisor Group LLC now owns 49,001 shares of the company’s stock valued at $1,609,000 after purchasing an additional 33,733 shares in the last quarter. Ironsides Asset Advisors LLC purchased a new position in shares of Simplify Health Care ETF in the 3rd quarter valued at about $1,180,000. Freedom Investment Management Inc. purchased a new position in shares of Simplify Health Care ETF in the 3rd quarter valued at about $228,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of Simplify Health Care ETF by 4.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 15,193 shares of the company’s stock valued at $477,000 after purchasing an additional 657 shares in the last quarter.

Simplify Health Care ETF Trading Down 1.8 %

PINK stock opened at $29.80 on Friday. Simplify Health Care ETF has a 12-month low of $27.84 and a 12-month high of $33.34. The stock has a market cap of $124.56 million, a price-to-earnings ratio of 28.37 and a beta of 0.72. The business’s 50-day moving average is $30.90 and its 200 day moving average is $31.74.

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.