WCG Wealth Advisors LLC Invests $18.41 Million in Simplify Health Care ETF $PINK

WCG Wealth Advisors LLC bought a new position in shares of Simplify Health Care ETF (NYSEARCA:PINK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 502,877 shares of the company’s stock, valued at approximately $18,406,000. WCG Wealth Advisors LLC owned approximately 5.25% of Simplify Health Care ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of PINK. JFS Wealth Advisors LLC purchased a new stake in shares of Simplify Health Care ETF during the third quarter worth about $32,000. Stone House Investment Management LLC purchased a new stake in shares of Simplify Health Care ETF during the fourth quarter worth about $37,000. TD Waterhouse Canada Inc. purchased a new stake in shares of Simplify Health Care ETF during the fourth quarter worth about $54,000. Farther Finance Advisors LLC purchased a new stake in shares of Simplify Health Care ETF during the fourth quarter worth about $57,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Simplify Health Care ETF during the fourth quarter worth about $86,000.

Simplify Health Care ETF Stock Up 1.2%

PINK stock opened at $37.42 on Thursday. The stock has a market capitalization of $260.82 million, a P/E ratio of 23.95 and a beta of 0.72. The firm has a 50-day simple moving average of $35.36 and a 200-day simple moving average of $36.02. Simplify Health Care ETF has a 52 week low of $28.32 and a 52 week high of $38.68.

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.