King Wealth recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
270 W. CIRCULAR STREET SARATOGA SPRINGS, NY 12866
As of the latest 13F report, the guru’s equity portfolio contained 142 stocks valued at a total of $418.00Mil. The top holdings were IVV(12.31%), QQQ(7.50%), and SPY(4.82%).
According to GuruFocus data, these were King Wealth’s top five trades of the quarter.
Vanguard Mid-Cap Value ETF
The guru established a new position worth 38,006 shares in ARCA:VOE, giving the stock a 1.23% weight in the equity portfolio. Shares traded for an average price of $133.18 during the quarter.
On 02/09/2023, Vanguard Mid-Cap Value ETF traded for a price of $143.2426 per share and a market cap of $16.91Bil. The stock has returned -2.64% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Mid-Cap Value ETF has a price-earnings ratio of 14.28 and a price-book ratio of 2.26.
Vanguard Mid-Cap ETF
The guru established a new position worth 17,892 shares in ARCA:VO, giving the stock a 0.87% weight in the equity portfolio. Shares traded for an average price of $202.74 during the quarter.
On 02/09/2023, Vanguard Mid-Cap ETF traded for a price of $220 per share and a market cap of $54.24Bil. The stock has returned -7.86% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Mid-Cap ETF has a price-earnings ratio of 17.79 and a price-book ratio of 2.91.
Fidelity MSCI Information Technology Index ETF
King Wealth reduced their investment in ARCA:FTEC by 29,900 shares. The trade had a 0.6899999999999999% impact on the equity portfolio. During the quarter, the stock traded for an average price of $96.37.
On 02/09/2023, Fidelity MSCI Information Technology Index ETF traded for a price of $107.9632 per share and a market cap of $5.69Bil. The stock has returned -14.27% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Fidelity MSCI Information Technology Index ETF has a price-earnings ratio of 26.00 and a price-book ratio of 6.77.
iShares Core S&P Mid-Cap ETF
King Wealth reduced their investment in ARCA:IJH by 11,949 shares. The trade had a 0.67% impact on the equity portfolio. During the quarter, the stock traded for an average price of $240.73.
On 02/09/2023, iShares Core S&P Mid-Cap ETF traded for a price of $263.24 per share and a market cap of $69.48Bil. The stock has returned -1.20% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Core S&P Mid-Cap ETF has a price-earnings ratio of 13.73 and a price-book ratio of 2.33.
Vanguard Value ETF
During the quarter, King Wealth bought 14,930 shares of ARCA:VTV for a total holding of 16,601. The trade had a 0.5% impact on the equity portfolio. During the quarter, the stock traded for an average price of $136.83.
On 02/09/2023, Vanguard Value ETF traded for a price of $142.8 per share and a market cap of $104.46Bil. The stock has returned -1.59% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Value ETF has a price-earnings ratio of 15.99 and a price-book ratio of 2.62.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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