TAP Consulting LLC Sells 14,500 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

TAP Consulting LLC cut its stake in Simplify Health Care ETF (NYSEARCA:PINK) by 22.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,323 shares of the company’s stock after selling 14,500 shares during the period. TAP Consulting LLC owned about 1.23% of Simplify Health Care ETF worth $1,522,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. WESPAC Advisors LLC acquired a new position in Simplify Health Care ETF during the third quarter worth $312,000. Pekin Hardy Strauss Inc. increased its position in shares of Simplify Health Care ETF by 7.8% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 8,660 shares of the company’s stock worth $284,000 after purchasing an additional 630 shares in the last quarter. Private Trust Co. NA lifted its holdings in Simplify Health Care ETF by 73.8% during the 3rd quarter. Private Trust Co. NA now owns 5,196 shares of the company’s stock valued at $171,000 after purchasing an additional 2,207 shares during the last quarter. Freedom Investment Management Inc. acquired a new position in Simplify Health Care ETF in the third quarter valued at about $228,000. Finally, HighTower Advisors LLC grew its stake in Simplify Health Care ETF by 168.2% during the third quarter. HighTower Advisors LLC now owns 77,280 shares of the company’s stock worth $2,536,000 after buying an additional 48,462 shares during the last quarter.

Simplify Health Care ETF Trading Up 0.8 %

NYSEARCA:PINK opened at $29.78 on Thursday. The stock has a market capitalization of $148.90 million, a P/E ratio of 33.38 and a beta of 0.78. Simplify Health Care ETF has a 1 year low of $28.58 and a 1 year high of $33.34. The firm has a 50 day moving average of $30.03 and a 200-day moving average of $31.10.

About Simplify Health Care ETF

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.