Vontobel Holding Ltd. Sells 21,138 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

Vontobel Holding Ltd. lowered its position in Simplify Health Care ETF (NYSEARCA:PINK) by 48.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,750 shares of the company’s stock after selling 21,138 shares during the period. Vontobel Holding Ltd. owned about 0.90% of Simplify Health Care ETF worth $622,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of PINK. TAP Consulting LLC bought a new position in shares of Simplify Health Care ETF in the third quarter worth $2,836,000. WNY Asset Management LLC purchased a new stake in shares of Simplify Health Care ETF in the 3rd quarter valued at about $416,000. Kestra Private Wealth Services LLC bought a new stake in shares of Simplify Health Care ETF during the 3rd quarter valued at about $341,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Simplify Health Care ETF during the third quarter worth about $336,000. Finally, Realta Investment Advisors bought a new position in shares of Simplify Health Care ETF in the fourth quarter worth approximately $267,000.

Simplify Health Care ETF Price Performance

Shares of Simplify Health Care ETF stock opened at $28.91 on Tuesday. The company has a 50 day simple moving average of $29.96 and a two-hundred day simple moving average of $27.60. The firm has a market cap of $128.65 million, a PE ratio of 28.54 and a beta of 0.70. Simplify Health Care ETF has a 1 year low of $23.51 and a 1 year high of $31.05.

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.