44,766 Shares in Simplify Health Care ETF $PINK Purchased by Flagship Private Wealth LLC

Flagship Private Wealth LLC bought a new stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) during the fourth quarter, Holdings Channel reports. The fund bought 44,766 shares of the company’s stock, valued at approximately $1,638,000. Simplify Health Care ETF accounts for 0.6% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 27th largest holding.

Several other hedge funds have also recently modified their holdings of the business. Primoris Wealth Advisors LLC increased its holdings in Simplify Health Care ETF by 314.3% during the fourth quarter. Primoris Wealth Advisors LLC now owns 86,075 shares of the company’s stock valued at $3,150,000 after buying an additional 65,300 shares during the period. Oppenheimer & Co. Inc. purchased a new position in shares of Simplify Health Care ETF in the 4th quarter valued at $220,000. Sigma Planning Corp raised its position in shares of Simplify Health Care ETF by 8.5% in the 4th quarter. Sigma Planning Corp now owns 7,043 shares of the company’s stock worth $258,000 after acquiring an additional 550 shares in the last quarter. Lee Danner & Bass Inc. lifted its stake in shares of Simplify Health Care ETF by 6.5% during the 4th quarter. Lee Danner & Bass Inc. now owns 160,652 shares of the company’s stock worth $5,880,000 after purchasing an additional 9,850 shares during the last quarter. Finally, WMG Financial Advisors LLC boosted its position in Simplify Health Care ETF by 189.5% during the fourth quarter. WMG Financial Advisors LLC now owns 27,573 shares of the company’s stock valued at $1,009,000 after purchasing an additional 18,050 shares in the last quarter.

Simplify Health Care ETF Stock Performance

Shares of Simplify Health Care ETF stock opened at $35.96 on Friday. Simplify Health Care ETF has a one year low of $27.56 and a one year high of $38.68. The company has a market capitalization of $250.64 million, a PE ratio of 23.95 and a beta of 0.72. The company has a 50-day simple moving average of $34.50 and a two-hundred day simple moving average of $35.55.

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.