C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires New Shares in Simplify Health Care ETF (NYSEARCA:PINK)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Simplify Health Care ETF (NYSEARCA:PINK) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 66,678 shares of the company’s stock, valued at approximately $2,189,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its holdings in Simplify Health Care ETF by 4.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 15,193 shares of the company’s stock worth $477,000 after purchasing an additional 657 shares in the last quarter. Concourse Financial Group Securities Inc. bought a new position in shares of Simplify Health Care ETF in the 2nd quarter valued at about $39,000. Brookstone Capital Management grew its holdings in shares of Simplify Health Care ETF by 25.0% in the 2nd quarter. Brookstone Capital Management now owns 13,837 shares of the company’s stock valued at $442,000 after acquiring an additional 2,771 shares in the last quarter. Fortis Group Advisors LLC grew its holdings in shares of Simplify Health Care ETF by 8.5% in the 2nd quarter. Fortis Group Advisors LLC now owns 81,759 shares of the company’s stock valued at $2,567,000 after acquiring an additional 6,428 shares in the last quarter. Finally, Koshinski Asset Management Inc. bought a new position in shares of Simplify Health Care ETF in the 1st quarter valued at about $202,000.

Simplify Health Care ETF Price Performance

Shares of NYSEARCA PINK opened at $32.00 on Wednesday. Simplify Health Care ETF has a fifty-two week low of $23.51 and a fifty-two week high of $33.34. The stock has a market capitalization of $133.76 million, a price-to-earnings ratio of 28.37 and a beta of 0.72. The business has a 50-day moving average of $32.45 and a 200-day moving average of $31.09.

Simplify Health Care ETF 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.