TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
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.
2000 MCKINNEY AVE DALLAS, TX 75201
As of the latest 13F report, the guru’s equity portfolio contained 143 stocks valued at a total of $855.00Mil. The top holdings were VOO(21.53%), IWR(9.04%), and IEFA(5.55%).
According to GuruFocus data, these were TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC’s top five trades of the quarter.
iShares Short-Term National Muni Bond ETF
TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC reduced their investment in ARCA:SUB by 520,809 shares. The trade had a 4.84% impact on the equity portfolio. During the quarter, the stock traded for an average price of $105.73.
On 08/05/2022, iShares Short-Term National Muni Bond ETF traded for a price of $105.37 per share and a market cap of $8.94Bil. The stock has returned -1.88% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Technology Select Sector SPDR ETF
TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC reduced their investment in ARCA:XLK by 282,836 shares. The trade had a 4.26% impact on the equity portfolio. During the quarter, the stock traded for an average price of $156.75.
On 08/05/2022, Technology Select Sector SPDR ETF traded for a price of $147.36 per share and a market cap of $44.31Bil. The stock has returned -3.62% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Technology Select Sector SPDR ETF has a price-earnings ratio of 23.10 and a price-book ratio of 7.45.
Health Care Select Sector SPDR
During the quarter, TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC bought 247,341 shares of ARCA:XLV for a total holding of 251,468. The trade had a 3.09% impact on the equity portfolio. During the quarter, the stock traded for an average price of $132.05.
On 08/05/2022, Health Care Select Sector SPDR traded for a price of $131.5 per share and a market cap of $39.58Bil. The stock has returned -0.11% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Health Care Select Sector SPDR has a price-earnings ratio of 21.60 and a price-book ratio of 4.66.
Consumer Discretionary Select Sector SPDR
The guru sold out of their 103,487-share investment in ARCA:XLY. Previously, the stock had a 1.83% weight in the equity portfolio. Shares traded for an average price of $182.95 during the quarter.
On 08/05/2022, Consumer Discretionary Select Sector SPDR traded for a price of $167.16 per share and a market cap of $16.26Bil. The stock has returned -6.77% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Consumer Discretionary Select Sector SPDR has a price-earnings ratio of 22.00 and a price-book ratio of 5.28.
iShares Core MSCI EAFE ETF
During the quarter, TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC bought 273,434 shares of BATS:IEFA for a total holding of 801,607. The trade had a 1.73% impact on the equity portfolio. During the quarter, the stock traded for an average price of $70.74.
On 08/05/2022, iShares Core MSCI EAFE ETF traded for a price of $61.88 per share and a market cap of $88.82Bil. The stock has returned -15.53% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Core MSCI EAFE ETF has a price-earnings ratio of 12.46 and a price-book ratio of 1.49.
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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