Flagship Private Wealth LLC Reduces Stake in Simplify Health Care ETF $PINK

Flagship Private Wealth LLC decreased its position in Simplify Health Care ETF (NYSEARCA:PINK) by 37.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,099 shares of the company’s stock after selling 16,667 shares during the period. Flagship Private Wealth LLC owned about 0.42% of Simplify Health Care ETF worth $946,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Cambridge Advisors Inc. grew its stake in shares of Simplify Health Care ETF by 39.1% during the 1st quarter. Cambridge Advisors Inc. now owns 31,553 shares of the company’s stock worth $1,062,000 after acquiring an additional 8,867 shares during the period. Hilltop Holdings Inc. bought a new position in Simplify Health Care ETF during the fourth quarter worth about $282,000. Osaic Holdings Inc. boosted its position in Simplify Health Care ETF by 57.4% during the fourth quarter. Osaic Holdings Inc. now owns 55,776 shares of the company’s stock worth $2,041,000 after purchasing an additional 20,331 shares during the period. Advisory Services Network LLC increased its stake in shares of Simplify Health Care ETF by 3,200.4% in the fourth quarter. Advisory Services Network LLC now owns 8,251 shares of the company’s stock worth $302,000 after purchasing an additional 8,001 shares in the last quarter. Finally, MML Investors Services LLC bought a new stake in shares of Simplify Health Care ETF in the fourth quarter valued at approximately $704,000.

Simplify Health Care ETF Trading Down 0.2%

Shares of PINK stock opened at $39.15 on Wednesday. The firm’s 50 day moving average is $36.76 and its 200 day moving average is $36.13. The stock has a market capitalization of $272.88 million, a P/E ratio of 23.95 and a beta of 0.74. Simplify Health Care ETF has a 12 month low of $28.32 and a 12 month high of $39.28.

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.