Simplify Health Care ETF $PINK Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 475.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 69,864 shares of the company’s stock after buying an additional 57,713 shares during the period. Thrivent Financial for Lutherans’ holdings in Simplify Health Care ETF were worth $2,215,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Freedom Investment Management Inc. raised its holdings in shares of Simplify Health Care ETF by 4.0% in the second quarter. Freedom Investment Management Inc. now owns 10,343 shares of the company’s stock worth $310,000 after acquiring an additional 395 shares during the last quarter. Copia Wealth Management increased its position in Simplify Health Care ETF by 0.7% during the 2nd quarter. Copia Wealth Management now owns 83,672 shares of the company’s stock worth $2,511,000 after purchasing an additional 543 shares in the last quarter. Ausdal Financial Partners Inc. raised its stake in Simplify Health Care ETF by 3.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 39,593 shares of the company’s stock valued at $1,188,000 after purchasing an additional 1,268 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Simplify Health Care ETF by 13.7% in the 2nd quarter. Raymond James Financial Inc. now owns 11,810 shares of the company’s stock valued at $354,000 after purchasing an additional 1,420 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Simplify Health Care ETF during the 2nd quarter worth about $45,000.

Simplify Health Care ETF Price Performance

Shares of NYSEARCA PINK opened at $36.09 on Wednesday. The company has a 50-day simple moving average of $36.97 and a 200-day simple moving average of $33.90. The company has a market cap of $345.38 million, a PE ratio of 23.95 and a beta of 0.74. Simplify Health Care ETF has a 12 month low of $26.10 and a 12 month high of $38.68.

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.