Pekin Hardy Strauss Inc. Purchases 630 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

Pekin Hardy Strauss Inc. raised its holdings in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 7.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,660 shares of the company’s stock after acquiring an additional 630 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Simplify Health Care ETF were worth $284,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PINK. WESPAC Advisors LLC acquired a new position in Simplify Health Care ETF during the third quarter worth $312,000. Ironsides Asset Advisors LLC acquired a new position in shares of Simplify Health Care ETF during the 3rd quarter worth about $1,180,000. Flagship Private Wealth LLC bought a new position in shares of Simplify Health Care ETF in the 3rd quarter valued at about $886,000. Janney Montgomery Scott LLC increased its position in shares of Simplify Health Care ETF by 41.7% in the third quarter. Janney Montgomery Scott LLC now owns 32,373 shares of the company’s stock valued at $1,063,000 after acquiring an additional 9,521 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC raised its holdings in Simplify Health Care ETF by 3.7% during the third quarter. Gladstone Institutional Advisory LLC now owns 649,532 shares of the company’s stock worth $21,324,000 after acquiring an additional 23,244 shares in the last quarter.

Simplify Health Care ETF Stock Performance

Shares of NYSEARCA PINK opened at $30.91 on Monday. The stock has a market capitalization of $129.20 million, a PE ratio of 28.37 and a beta of 0.72. Simplify Health Care ETF has a 52 week low of $24.78 and a 52 week high of $33.34. The stock has a 50 day moving average price of $32.12 and a 200 day moving average price of $31.59.

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.