Simplify Health Care ETF (NYSEARCA:PINK) Shares Sold by Stifel Financial Corp

Stifel Financial Corp trimmed its position in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 37.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,224 shares of the company’s stock after selling 54,043 shares during the quarter. Stifel Financial Corp owned approximately 2.18% of Simplify Health Care ETF worth $2,995,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. acquired a new position in shares of Simplify Health Care ETF during the 2nd quarter worth approximately $39,000. Private Trust Co. NA raised its position in Simplify Health Care ETF by 73.8% during the third quarter. Private Trust Co. NA now owns 5,196 shares of the company’s stock worth $171,000 after acquiring an additional 2,207 shares during the period. Freedom Investment Management Inc. purchased a new position in Simplify Health Care ETF during the third quarter valued at $228,000. Pekin Hardy Strauss Inc. acquired a new stake in shares of Simplify Health Care ETF in the second quarter valued at about $252,000. Finally, JBR Co Financial Management Inc purchased a new stake in shares of Simplify Health Care ETF during the third quarter worth about $274,000.

Simplify Health Care ETF Trading Up 0.6 %

Shares of Simplify Health Care ETF stock opened at $30.59 on Wednesday. Simplify Health Care ETF has a twelve month low of $26.16 and a twelve month high of $33.34. The firm has a market capitalization of $127.87 million, a PE ratio of 28.37 and a beta of 0.72. The firm’s 50-day moving average price is $31.70 and its 200 day moving average price is $31.80.

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.