Wealth Enhancement Advisory Services LLC Raises Stake in Simplify Health Care ETF $PINK

Wealth Enhancement Advisory Services LLC lifted its stake in Simplify Health Care ETF (NYSEARCA:PINK) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 623,384 shares of the company’s stock after purchasing an additional 24,993 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 10.39% of Simplify Health Care ETF worth $20,397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Freedom Investment Management Inc. grew its holdings in 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 valued at $310,000 after purchasing an additional 395 shares during the last quarter. Copia Wealth Management grew its stake in Simplify Health Care ETF by 0.7% in the 2nd quarter. Copia Wealth Management now owns 83,672 shares of the company’s stock valued at $2,511,000 after acquiring an additional 543 shares during the last quarter. Cambridge Advisors Inc. increased its holdings in Simplify Health Care ETF by 8.7% during the 2nd quarter. Cambridge Advisors Inc. now owns 7,647 shares of the company’s stock valued at $229,000 after acquiring an additional 610 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in Simplify Health Care ETF by 3.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 39,593 shares of the company’s stock valued at $1,188,000 after acquiring an additional 1,268 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in Simplify Health Care ETF by 13.7% during the second quarter. Raymond James Financial Inc. now owns 11,810 shares of the company’s stock worth $354,000 after acquiring an additional 1,420 shares during the last quarter.

Simplify Health Care ETF Stock Up 1.4%

NYSEARCA PINK opened at $37.81 on Thursday. Simplify Health Care ETF has a fifty-two week low of $26.10 and a fifty-two week high of $38.41. The stock has a market cap of $357.30 million, a price-to-earnings ratio of 23.95 and a beta of 0.74. The business has a fifty day moving average of $37.02 and a 200-day moving average of $33.22.

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.