Stocks
Simplicity Wealth LLC Loads Up on Cisco Systems Stock
Simplicity Wealth LLC has made significant investments in Cisco Systems, Inc. (NASDAQ:CSCO) according to its recent Form 13F filing with the SEC.
The institutional investor purchased 95,826 shares of Cisco's stock in the second quarter, valued at approximately $11,256,000.
This is not an isolated instance, as other hedge funds and institutional investors have also made changes to their positions in Cisco Systems. For example, Bridgewater Advisors Inc. acquired a new stake in shares of Cisco during the same quarter, valued at about $6,442,000.