Simplify Health Care ETF (NYSEARCA:PINK) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC increased its stake in Simplify Health Care ETF (NYSEARCA:PINK) by 19.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,808 shares of the company’s stock after buying an additional 1,405 shares during the period. MML Investors Services LLC’s holdings in Simplify Health Care ETF were worth $289,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC acquired a new stake in Simplify Health Care ETF during the third quarter valued at approximately $413,000. National Bank of Canada FI acquired a new stake in shares of Simplify Health Care ETF during the 3rd quarter valued at approximately $465,000. Jane Street Group LLC acquired a new stake in shares of Simplify Health Care ETF during the 3rd quarter valued at approximately $267,000. HighTower Advisors LLC lifted 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 purchasing an additional 48,462 shares during the last quarter. Finally, Freedom Investment Management Inc. acquired a new position in Simplify Health Care ETF in the third quarter worth $228,000.

Simplify Health Care ETF Stock Performance

Shares of NYSEARCA:PINK opened at $30.21 on Thursday. The company’s fifty day moving average is $31.43 and its two-hundred day moving average is $31.78. Simplify Health Care ETF has a 1-year low of $26.79 and a 1-year high of $33.34. The stock has a market capitalization of $126.28 million, a price-to-earnings ratio of 28.37 and a beta of 0.72.

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.