TAP Consulting LLC Sells 37,763 Shares of Simplify Health Care ETF (NYSEARCA:PINK)

TAP Consulting LLC cut its holdings in shares of Simplify Health Care ETF (NYSEARCA:PINK) by 34.4% in the 2nd quarter, Holdings Channel reports. The firm owned 71,878 shares of the company’s stock after selling 37,763 shares during the period. TAP Consulting LLC’s holdings in Simplify Health Care ETF were worth $2,257,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PINK. PFG Advisors acquired a new stake in shares of Simplify Health Care ETF during the 1st quarter valued at $397,000. CWM LLC boosted its holdings in shares of Simplify Health Care ETF by 300.8% during the 2nd quarter. CWM LLC now owns 12,029 shares of the company’s stock valued at $378,000 after acquiring an additional 9,028 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Simplify Health Care ETF by 421.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 180,163 shares of the company’s stock valued at $5,657,000 after acquiring an additional 145,588 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Simplify Health Care ETF during the 1st quarter valued at $433,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Simplify Health Care ETF during the 1st quarter valued at $695,000.

Simplify Health Care ETF Price Performance

Shares of NYSEARCA PINK traded down $0.43 during mid-day trading on Friday, hitting $31.93. 122,476 shares of the stock traded hands, compared to its average volume of 92,331. Simplify Health Care ETF has a twelve month low of $23.51 and a twelve month high of $33.22. The company has a market cap of $133.47 million, a PE ratio of 28.37 and a beta of 0.72. The firm has a 50 day simple moving average of $32.02 and a two-hundred day simple moving average of $30.69.

About Simplify Health Care ETF

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.