Foundations Investment Advisors LLC Acquires New Shares in Simplify Health Care ETF $PINK

Foundations Investment Advisors LLC bought a new stake in Simplify Health Care ETF (NYSEARCA:PINK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 64,313 shares of the company’s stock, valued at approximately $2,354,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fourpath Capital Management LLC acquired a new position in shares of Simplify Health Care ETF during the 4th quarter worth about $17,576,000. Thrivent Financial for Lutherans raised its holdings in Simplify Health Care ETF by 475.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 69,864 shares of the company’s stock valued at $2,215,000 after acquiring an additional 57,713 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Simplify Health Care ETF by 68.0% in the 3rd quarter. HighTower Advisors LLC now owns 292,125 shares of the company’s stock valued at $9,263,000 after buying an additional 118,226 shares in the last quarter. Flagship Private Wealth LLC acquired a new position in shares of Simplify Health Care ETF in the 4th quarter valued at $1,638,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Simplify Health Care ETF by 7.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 666,796 shares of the company’s stock worth $24,891,000 after buying an additional 43,412 shares in the last quarter.

Simplify Health Care ETF Stock Up 0.3%

Shares of Simplify Health Care ETF stock opened at $38.09 on Friday. The stock has a market capitalization of $265.49 million, a P/E ratio of 23.95 and a beta of 0.72. The company has a 50-day simple moving average of $35.11 and a 200 day simple moving average of $35.95. Simplify Health Care ETF has a 12-month low of $28.05 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.