Ferguson Shapiro LLC Sells 1,955 Shares of Simplify Stable Income ETF (NYSEARCA:BUCK)

Ferguson Shapiro LLC trimmed its holdings in shares of Simplify Stable Income ETF (NYSEARCA:BUCK) by 4.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 42,756 shares of the company’s stock after selling 1,955 shares during the period. Simplify Stable Income ETF makes up about 0.4% of Ferguson Shapiro LLC’s investment portfolio, making the stock its 25th biggest position. Ferguson Shapiro LLC owned 0.80% of Simplify Stable Income ETF worth $1,051,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Elevated Capital Advisors LLC bought a new position in Simplify Stable Income ETF during the second quarter worth about $296,000. Redhawk Wealth Advisors Inc. bought a new position in shares of Simplify Stable Income ETF during the 2nd quarter worth approximately $364,000. Mid American Wealth Advisory Group Inc. bought a new stake in Simplify Stable Income ETF in the second quarter valued at $370,000. B. Riley Wealth Advisors Inc. grew its position in Simplify Stable Income ETF by 39.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 18,644 shares of the company’s stock valued at $468,000 after acquiring an additional 5,230 shares during the period. Finally, Nwam LLC acquired a new position in Simplify Stable Income ETF during the first quarter worth $589,000.

Simplify Stable Income ETF Stock Performance

Shares of NYSEARCA:BUCK opened at $24.50 on Friday. The company’s fifty day moving average is $24.68 and its 200-day moving average is $24.70. Simplify Stable Income ETF has a 52 week low of $24.28 and a 52 week high of $25.67.

Simplify Stable Income ETF Company Profile

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.