Top 5 1st Quarter Trades of Genesee Capital Advisors, LLC

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May 25, 2022
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Genesee Capital Advisors, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.

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.

9 EAST GENESEE STREET SKANEATELES, NY 13152

As of the latest 13F report, the guru’s equity portfolio contained 110 stocks valued at a total of $192.00Mil. The top holdings were RDVY(8.24%), FXL(8.15%), and SCHB(7.79%).

According to GuruFocus data, these were Genesee Capital Advisors, LLC’s top five trades of the quarter.

First Trust NASDAQ Rising Dividend Achievers ETF


The guru established a new position worth 322,530 shares in NAS:RDVY, giving the stock a 8.24% weight in the equity portfolio. Shares traded for an average price of $49.79 during the quarter.

On 05/25/2022, First Trust NASDAQ Rising Dividend Achievers ETF traded for a price of $45.27 per share and a market cap of $8.89Bil. The stock has returned -7.40% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, First Trust NASDAQ Rising Dividend Achievers ETF has a price-earnings ratio of 11.32 and a price-book ratio of 2.37.

SPDR Retail ETF


The guru sold out of their 182,961-share investment in ARCA:XRT. Previously, the stock had a 7.89% weight in the equity portfolio. Shares traded for an average price of $79.49 during the quarter.

On 05/25/2022, SPDR Retail ETF traded for a price of $63.24 per share and a market cap of $458.50Mil. The stock has returned -34.28% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, SPDR Retail ETF has a price-earnings ratio of 10.15 and a price-book ratio of 2.64.

Schwab U.S. Broad Market ETF


During the quarter, Genesee Capital Advisors, LLC bought 133,283 shares of ARCA:SCHB for a total holding of 279,823. The trade had a 3.71% impact on the equity portfolio. During the quarter, the stock traded for an average price of $52.53.

On 05/25/2022, Schwab U.S. Broad Market ETF traded for a price of $46.61 per share and a market cap of $20.08Bil. The stock has returned -7.99% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, Schwab U.S. Broad Market ETF has a price-earnings ratio of 20.90 and a price-book ratio of 3.87.

Calix Inc


The guru sold out of their 52,468-share investment in NYSE:CALX. Previously, the stock had a 2% weight in the equity portfolio. Shares traded for an average price of $50.72 during the quarter.

On 05/25/2022, Calix Inc traded for a price of $35.87 per share and a market cap of $2.32Bil. The stock has returned -23.46% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 3 out of 10.

In terms of valuation, Calix Inc has a price-earnings ratio of 10.92, a price-book ratio of 3.94, a EV-to-Ebitda ratio of 27.90 and a price-sales ratio of 3.54.

The price-to-GF Value ratio is 1.18, earning the stock a GF Value rank of 3.

iShares MSCI USA Momentum Factor ETF


The guru sold out of their 19,050-share investment in BATS:MTUM. Previously, the stock had a 1.65% weight in the equity portfolio. Shares traded for an average price of $164.25 during the quarter.

On 05/25/2022, iShares MSCI USA Momentum Factor ETF traded for a price of $139.84 per share and a market cap of $9.96Bil. The stock has returned -17.39% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, iShares MSCI USA Momentum Factor ETF has a price-earnings ratio of 20.33 and a price-book ratio of 4.51.


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.

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