Private Trust Co. NA Boosts Holdings in Simplify Health Care ETF (NYSEARCA:PINK)

Private Trust Co. NA lifted its stake in Simplify Health Care ETF (NYSEARCA:PINK) by 73.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,196 shares of the company’s stock after purchasing an additional 2,207 shares during the quarter. Private Trust Co. NA owned 0.12% of Simplify Health Care ETF worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Diversify Advisory Services LLC purchased a new position in Simplify Health Care ETF in the 2nd quarter worth about $24,070,000. Gladstone Institutional Advisory LLC raised its position in Simplify Health Care ETF by 3.7% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 649,532 shares of the company’s stock worth $21,324,000 after buying an additional 23,244 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Simplify Health Care ETF by 123.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 402,554 shares of the company’s stock worth $13,216,000 after buying an additional 222,391 shares during the last quarter. Fortis Group Advisors LLC raised its position in Simplify Health Care ETF by 171.3% in the 3rd quarter. Fortis Group Advisors LLC now owns 221,820 shares of the company’s stock worth $7,282,000 after buying an additional 140,061 shares during the last quarter. Finally, Lee Danner & Bass Inc. purchased a new position in Simplify Health Care ETF in the 2nd quarter worth about $4,367,000.

Simplify Health Care ETF Stock Performance

Shares of NYSEARCA:PINK opened at $32.08 on Friday. Simplify Health Care ETF has a fifty-two week low of $24.78 and a fifty-two week high of $33.34. The business has a 50-day simple moving average of $32.03 and a two-hundred day simple moving average of $31.63. The firm has a market cap of $134.09 million, a price-to-earnings ratio of 28.37 and a beta of 0.72.

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.