GFS Advisors LLC Reduces Stock Holdings in Simplify Health Care ETF $PINK

GFS Advisors LLC decreased its stake in Simplify Health Care ETF (NYSEARCA:PINK) by 21.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,300 shares of the company’s stock after selling 3,800 shares during the quarter. GFS Advisors LLC’s holdings in Simplify Health Care ETF were worth $429,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PINK. Ameritas Advisory Services LLC purchased a new position in Simplify Health Care ETF during the 2nd quarter valued at $45,000. Cambridge Advisors Inc. bought a new position in shares of Simplify Health Care ETF in the 1st quarter worth $206,000. Freedom Investment Management Inc. grew its stake in Simplify Health Care ETF by 31.7% during the 1st quarter. Freedom Investment Management Inc. now owns 9,948 shares of the company’s stock worth $292,000 after buying an additional 2,395 shares during the last quarter. Strategic Blueprint LLC purchased a new position in Simplify Health Care ETF during the 1st quarter worth $477,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Simplify Health Care ETF by 19.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,903 shares of the company’s stock worth $613,000 after buying an additional 3,365 shares during the last quarter.

Simplify Health Care ETF Price Performance

Shares of PINK stock opened at $32.33 on Friday. Simplify Health Care ETF has a 1-year low of $26.10 and a 1-year high of $33.26. The stock’s fifty day moving average price is $30.77 and its 200 day moving average price is $29.64. The company has a market cap of $160.03 million, a price-to-earnings ratio of 23.95 and a beta of 0.70.

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.