Gambit Capital Management LLC Acquires Shares of 25,065 Simplify Health Care ETF $PINK

Gambit Capital Management LLC bought a new position in Simplify Health Care ETF (NYSEARCA:PINK) during the 4th quarter, Holdings Channel reports. The fund bought 25,065 shares of the company’s stock, valued at approximately $917,000.

A number of other hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC purchased a new position in Simplify Health Care ETF during the 4th quarter valued at approximately $37,000. JFS Wealth Advisors LLC bought a new position in shares of Simplify Health Care ETF during the 3rd quarter valued at approximately $32,000. TD Waterhouse Canada Inc. purchased a new position in shares of Simplify Health Care ETF in the fourth quarter valued at $54,000. Farther Finance Advisors LLC purchased a new position in shares of Simplify Health Care ETF in the fourth quarter valued at $57,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Simplify Health Care ETF in the fourth quarter worth $86,000.

Simplify Health Care ETF Stock Down 0.3%

PINK stock opened at $36.48 on Tuesday. Simplify Health Care ETF has a 52 week low of $27.89 and a 52 week high of $38.68. The firm has a market capitalization of $254.27 million, a P/E ratio of 23.95 and a beta of 0.72. The company has a fifty day simple moving average of $34.57 and a two-hundred day simple moving average of $35.71.

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.