WMG Financial Advisors LLC Has $1.01 Million Position in Simplify Health Care ETF $PINK

WMG Financial Advisors LLC boosted its stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 189.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 27,573 shares of the company’s stock after buying an additional 18,050 shares during the quarter. WMG Financial Advisors LLC’s holdings in Simplify Health Care ETF were worth $1,009,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. TD Waterhouse Canada Inc. acquired a new position in Simplify Health Care ETF during the 4th quarter worth about $54,000. Private Trust Co. NA lifted its holdings in Simplify Health Care ETF by 86.3% during the 4th quarter. Private Trust Co. NA now owns 6,979 shares of the company’s stock worth $255,000 after buying an additional 3,232 shares during the period. CWM LLC lifted its holdings in Simplify Health Care ETF by 6.5% during the 4th quarter. CWM LLC now owns 11,002 shares of the company’s stock worth $403,000 after buying an additional 669 shares during the period. Farther Finance Advisors LLC acquired a new position in Simplify Health Care ETF during the 4th quarter worth about $57,000. Finally, Fourpath Capital Management LLC acquired a new position in Simplify Health Care ETF during the 4th quarter worth about $17,576,000.

Simplify Health Care ETF Trading Down 1.8%

Shares of PINK opened at $35.33 on Wednesday. The company has a market capitalization of $236.00 million, a PE ratio of 23.95 and a beta of 0.75. Simplify Health Care ETF has a 12 month low of $27.56 and a 12 month high of $38.68. The stock’s 50-day moving average price is $34.70 and its two-hundred day moving average price is $35.39.

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.