Essex Financial Services Inc. Invests $496,000 in Simplify Health Care ETF $PINK

Essex Financial Services Inc. acquired a new position in Simplify Health Care ETF (NYSEARCA:PINK) during the fourth quarter, HoldingsChannel reports. The firm acquired 13,561 shares of the company’s stock, valued at approximately $496,000.

A number of other large investors also recently modified their holdings of the company. Fourpath Capital Management LLC acquired a new stake in shares of Simplify Health Care ETF in the fourth quarter valued at about $17,576,000. Thrivent Financial for Lutherans grew its stake in shares of Simplify Health Care ETF by 475.0% in the third quarter. Thrivent Financial for Lutherans now owns 69,864 shares of the company’s stock valued at $2,215,000 after buying an additional 57,713 shares in the last quarter. Flagship Private Wealth LLC acquired a new stake in shares of Simplify Health Care ETF in the fourth quarter valued at about $1,638,000. HighTower Advisors LLC grew its stake in shares of Simplify Health Care ETF by 68.0% in the third 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. Finally, Primoris Wealth Advisors LLC grew its stake in shares of Simplify Health Care ETF by 314.3% in the fourth quarter. Primoris Wealth Advisors LLC now owns 86,075 shares of the company’s stock valued at $3,150,000 after buying an additional 65,300 shares in the last quarter.

Simplify Health Care ETF Stock Performance

PINK stock opened at $36.96 on Wednesday. Simplify Health Care ETF has a 1 year low of $28.32 and a 1 year high of $38.68. The firm has a market cap of $257.61 million, a P/E ratio of 23.95 and a beta of 0.72. The stock has a 50-day simple moving average of $35.19 and a 200-day simple moving average of $35.98.

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.