Simplify Health Care ETF $PINK Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 24.7% during the fourth quarter, Holdings Channel reports. The firm owned 87,112 shares of the company’s stock after acquiring an additional 17,248 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Simplify Health Care ETF were worth $3,205,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JFS Wealth Advisors LLC purchased a new position in shares of Simplify Health Care ETF during the third quarter worth about $32,000. Stone House Investment Management LLC purchased a new position in shares of Simplify Health Care ETF during the fourth quarter worth about $37,000. TD Waterhouse Canada Inc. purchased a new position in shares of Simplify Health Care ETF during the fourth quarter worth about $54,000. Farther Finance Advisors LLC purchased a new position in shares of Simplify Health Care ETF during the fourth quarter worth about $57,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Simplify Health Care ETF during the fourth quarter worth about $86,000.

Simplify Health Care ETF Stock Up 0.5%

NYSEARCA PINK opened at $36.86 on Friday. Simplify Health Care ETF has a 52-week low of $27.89 and a 52-week high of $38.68. The business’s 50-day moving average price is $34.72 and its 200 day moving average price is $35.78. The firm has a market cap of $256.91 million, a P/E ratio of 23.95 and a beta of 0.72.

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.