GFS Advisors LLC Has $429,000 Position in Simplify Health Care ETF $PINK

GFS Advisors LLC lessened its holdings in Simplify Health Care ETF (NYSEARCA:PINK) by 21.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,300 shares of the company’s stock after selling 3,800 shares during the quarter. GFS Advisors LLC owned approximately 0.33% of Simplify Health Care ETF worth $429,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PINK. Cambridge Investment Research Advisors Inc. raised its holdings in Simplify Health Care ETF by 19.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,903 shares of the company’s stock worth $613,000 after purchasing an additional 3,365 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Simplify Health Care ETF by 8.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 574,906 shares of the company’s stock worth $16,851,000 after buying an additional 45,973 shares during the period. LPL Financial LLC grew its position in Simplify Health Care ETF by 130.3% in the 1st quarter. LPL Financial LLC now owns 242,569 shares of the company’s stock valued at $7,110,000 after purchasing an additional 137,239 shares during the period. Stratos Investment Management LLC acquired a new stake in Simplify Health Care ETF in the 1st quarter valued at $1,643,000. Finally, Stratos Wealth Advisors LLC grew its position in Simplify Health Care ETF by 154.7% in the 1st quarter. Stratos Wealth Advisors LLC now owns 35,289 shares of the company’s stock valued at $1,034,000 after purchasing an additional 21,435 shares during the period.

Simplify Health Care ETF Trading Down 1.7%

NYSEARCA PINK opened at $32.33 on Friday. The company has a fifty day simple moving average of $30.77 and a 200 day simple moving average of $29.64. Simplify Health Care ETF has a 12-month low of $26.10 and a 12-month high of $33.26. The company has a market cap of $160.03 million, a P/E ratio of 23.95 and a beta of 0.70.

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.