Simplify Health Care ETF (NYSEARCA:PINK) Shares Purchased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. raised its position in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 43.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,004 shares of the company’s stock after acquiring an additional 24,723 shares during the period. Ausdal Financial Partners Inc. owned approximately 1.94% of Simplify Health Care ETF worth $2,403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its holdings in shares of Simplify Health Care ETF by 22.2% during the 4th quarter. Sanctuary Advisors LLC now owns 47,434 shares of the company’s stock worth $1,466,000 after purchasing an additional 8,632 shares during the period. Jane Street Group LLC purchased a new stake in Simplify Health Care ETF during the third quarter worth approximately $267,000. MML Investors Services LLC increased its position in shares of Simplify Health Care ETF by 19.0% in the third quarter. MML Investors Services LLC now owns 8,808 shares of the company’s stock worth $289,000 after acquiring an additional 1,405 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of Simplify Health Care ETF in the 4th quarter valued at $84,000. Finally, Freedom Investment Management Inc. acquired a new position in shares of Simplify Health Care ETF during the 3rd quarter valued at $228,000.

Simplify Health Care ETF Trading Down 1.0 %

Shares of NYSEARCA PINK opened at $29.75 on Wednesday. The stock has a fifty day moving average price of $30.03 and a 200 day moving average price of $31.01. Simplify Health Care ETF has a 12-month low of $28.58 and a 12-month high of $33.34. The company has a market cap of $148.75 million, a P/E ratio of 33.38 and a beta of 0.78.

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.