FIRST INTERSTATE BANK 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.
PO BOX 30918 Billings, MT 59116
As of the latest 13F report, the guru’s equity portfolio contained 167 stocks valued at a total of $1.32Bil. The top holdings were FIBK(22.91%), VCIT(6.68%), and VCSH(5.93%).
According to GuruFocus data, these were FIRST INTERSTATE BANK’s top five trades of the quarter.
First Interstate BancSystem Inc
During the quarter, FIRST INTERSTATE BANK bought 7,800,583 shares of NAS:FIBK for a total holding of 7,951,944. The trade had a 22.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $35.67.
On 08/12/2022, First Interstate BancSystem Inc traded for a price of $41.09 per share and a market cap of $4.38Bil. The stock has returned -5.62% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, First Interstate BancSystem Inc has a price-earnings ratio of 22.49, a price-book ratio of 1.35, a price-earnings-to-growth (PEG) ratio of 2.85 and a price-sales ratio of 3.95.
The price-to-GF Value ratio is 1.01, earning the stock a GF Value rank of 6.
Vanguard Intermediate-Term Government Bond ETF
The guru established a new position worth 600,609 shares in NAS:VGIT, giving the stock a 2.78% weight in the equity portfolio. Shares traded for an average price of $61.11 during the quarter.
On 08/12/2022, Vanguard Intermediate-Term Government Bond ETF traded for a price of $61.4 per share and a market cap of $10.91Bil. The stock has returned -8.31% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Russell 3000 ETF
The guru established a new position worth 84,589 shares in ARCA:IWV, giving the stock a 1.39% weight in the equity portfolio. Shares traded for an average price of $236.7 during the quarter.
On 08/12/2022, iShares Russell 3000 ETF traded for a price of $245.92 per share and a market cap of $11.21Bil. The stock has returned -5.93% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Russell 3000 ETF has a price-earnings ratio of 17.82 and a price-book ratio of 3.28.
iShares MSCI Emerging Markets ETF
During the quarter, FIRST INTERSTATE BANK bought 154,313 shares of ARCA:EEM for a total holding of 225,220. The trade had a 0.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $41.73.
On 08/12/2022, iShares MSCI Emerging Markets ETF traded for a price of $40.82 per share and a market cap of $26.61Bil. The stock has returned -19.47% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares MSCI Emerging Markets ETF has a price-earnings ratio of 10.85 and a price-book ratio of 1.63.
Vanguard FTSE Developed Markets ETF
The guru established a new position worth 137,301 shares in ARCA:VEA, giving the stock a 0.42% weight in the equity portfolio. Shares traded for an average price of $44 during the quarter.
On 08/12/2022, Vanguard FTSE Developed Markets ETF traded for a price of $43.44 per share and a market cap of $98.60Bil. The stock has returned -14.51% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard FTSE Developed Markets ETF has a price-earnings ratio of 12.01 and a price-book ratio of 1.45.
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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