Simplify Health Care ETF (NYSEARCA:PINK) Shares Down 0.4% – What’s Next?

Posted by Jessica Moore on Aug 7th, 2026

Simplify Health Care ETF (NYSEARCA:PINK – Get Free Report) dropped 0.4% during mid-day trading on Thursday . The stock traded as low as $39.28 and last traded at $39.52. Approximately 57,378 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 143,262 shares. The stock had previously closed at $39.68.

Simplify Health Care ETF Trading Down 0.4%

The firm has a market cap of $382.55 million, a price-to-earnings ratio of 23.95 and a beta of 0.73. The stock has a 50-day moving average of $38.54 and a 200-day moving average of $36.54.

Hedge Funds Weigh In On Simplify Health Care ETF

Institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC bought a new stake in Simplify Health Care ETF in the 2nd quarter valued at about $201,000. Raymond James Financial Inc. raised its stake in Simplify Health Care ETF by 13.7% during the 2nd quarter. Raymond James Financial Inc. now owns 11,810 shares of the company’s stock valued at $354,000 after acquiring an additional 1,420 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of Simplify Health Care ETF by 3.3% in the second quarter. Ausdal Financial Partners Inc. now owns 39,593 shares of the company’s stock worth $1,188,000 after purchasing an additional 1,268 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Simplify Health Care ETF during the second quarter valued at about $365,000. Finally, Susquehanna International Group LLP acquired a new stake in Simplify Health Care ETF in the third quarter worth about $669,000.

Simplify Health Care ETF Company Profile

(Get Free Report)

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.