WESPAC Advisors LLC Invests $312,000 in Simplify Health Care ETF (NYSEARCA:PINK)

WESPAC Advisors LLC purchased a new stake in Simplify Health Care ETF (NYSEARCA:PINK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,517 shares of the company’s stock, valued at approximately $312,000. WESPAC Advisors LLC owned approximately 0.23% of Simplify Health Care ETF at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in PINK. Concourse Financial Group Securities Inc. bought a new stake in Simplify Health Care ETF during the second quarter worth about $39,000. Pekin Hardy Strauss Inc. bought a new stake in shares of Simplify Health Care ETF during the 2nd quarter worth approximately $252,000. JBR Co Financial Management Inc acquired a new stake in shares of Simplify Health Care ETF during the 3rd quarter worth approximately $274,000. CWM LLC increased its stake in Simplify Health Care ETF by 300.8% in the second quarter. CWM LLC now owns 12,029 shares of the company’s stock valued at $378,000 after acquiring an additional 9,028 shares during the last quarter. Finally, Brookstone Capital Management raised its position in Simplify Health Care ETF by 25.0% during the second quarter. Brookstone Capital Management now owns 13,837 shares of the company’s stock valued at $442,000 after purchasing an additional 2,771 shares in the last quarter.

Simplify Health Care ETF Stock Performance

Shares of PINK stock opened at $30.91 on Friday. Simplify Health Care ETF has a fifty-two week low of $24.78 and a fifty-two week high of $33.34. The stock’s fifty day moving average price is $32.12 and its two-hundred day moving average price is $31.57. The company has a market cap of $129.20 million, a PE ratio of 28.37 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.