Ausdal Financial Partners Inc. Acquires 24,723 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

Ausdal Financial Partners Inc. raised its stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 43.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,004 shares of the company’s stock after purchasing an additional 24,723 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Simplify Health Care ETF were worth $2,403,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Sanctuary Advisors LLC boosted its stake in Simplify Health Care ETF by 22.2% in the 4th quarter. Sanctuary Advisors LLC now owns 47,434 shares of the company’s stock valued at $1,466,000 after buying an additional 8,632 shares in the last quarter. Jane Street Group LLC bought a new position in Simplify Health Care ETF during the 3rd quarter valued at about $267,000. MML Investors Services LLC lifted its holdings in Simplify Health Care ETF by 19.0% during the 3rd quarter. MML Investors Services LLC now owns 8,808 shares of the company’s stock valued at $289,000 after purchasing an additional 1,405 shares during the last quarter. Principal Securities Inc. acquired a new position in Simplify Health Care ETF in the fourth quarter valued at about $84,000. Finally, Freedom Investment Management Inc. acquired a new stake in shares of Simplify Health Care ETF during the third quarter worth approximately $228,000.

Simplify Health Care ETF Price Performance

NYSEARCA PINK opened at $29.75 on Wednesday. The stock’s 50 day simple moving average is $30.03 and its 200 day simple moving average is $31.01. Simplify Health Care ETF has a one year low of $28.58 and a one year high of $33.34. The firm has a market cap of $148.75 million, a PE ratio of 33.38 and a beta of 0.78.

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.