B. Riley Wealth Advisors Inc. Takes Position in Simplify Health Care ETF $PINK

B. Riley Wealth Advisors Inc. bought a new position in Simplify Health Care ETF (NYSEARCA:PINK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,145 shares of the company’s stock, valued at approximately $512,000.

A number of other institutional investors have also recently bought and sold shares of PINK. Ameritas Advisory Services LLC acquired a new position in Simplify Health Care ETF during the second quarter worth approximately $45,000. Private Trust Co. NA purchased a new stake in shares of Simplify Health Care ETF during the 3rd quarter valued at $119,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Simplify Health Care ETF during the 2nd quarter worth $149,000. Flow Traders U.S. LLC acquired a new stake in shares of Simplify Health Care ETF during the 2nd quarter worth $201,000. Finally, Griffin Asset Management Inc. purchased a new position in shares of Simplify Health Care ETF in the 3rd quarter worth $272,000.

Simplify Health Care ETF Trading Down 1.2%

PINK stock opened at $36.78 on Thursday. The stock has a 50-day moving average price of $37.20 and a two-hundred day moving average price of $33.49. Simplify Health Care ETF has a 12-month low of $26.10 and a 12-month high of $38.68. The company has a market cap of $347.57 million, a PE ratio of 23.95 and a beta of 0.74.

About Simplify Health Care ETF

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.