CARY STREET PARTNERS INVESTMENT ADVISORY LLC recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
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.
901 EAST BYRD STREET RICHMOND, VA 23219
As of the latest 13F report, the guru’s equity portfolio contained 501 stocks valued at a total of $1.21Bil. The top holdings were AAPL(4.18%), MSFT(2.89%), and SCHO(1.75%).
According to GuruFocus data, these were CARY STREET PARTNERS INVESTMENT ADVISORY LLC’s top five trades of the quarter.
SPDR S&P Bank ETF
CARY STREET PARTNERS INVESTMENT ADVISORY LLC reduced their investment in ARCA:KBE by 133,788 shares. The trade had a 0.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $47.28.
On 11/15/2022, SPDR S&P Bank ETF traded for a price of $48.95 per share and a market cap of $2.20Bil. The stock has returned -12.54% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR S&P Bank ETF has a price-earnings ratio of 7.87 and a price-book ratio of 1.22.
Raytheon Technologies Corp
During the quarter, CARY STREET PARTNERS INVESTMENT ADVISORY LLC bought 48,840 shares of NYSE:RTX for a total holding of 120,672. The trade had a 0.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $90.51.
On 11/15/2022, Raytheon Technologies Corp traded for a price of $92.95 per share and a market cap of $136.64Bil. The stock has returned 6.99% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Raytheon Technologies Corp has a price-earnings ratio of 30.98, a price-book ratio of 1.95, a EV-to-Ebitda ratio of 15.54 and a price-sales ratio of 2.09.
The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.
JPMorgan Equity Premium Income ETF
During the quarter, CARY STREET PARTNERS INVESTMENT ADVISORY LLC bought 68,278 shares of ARCA:JEPI for a total holding of 312,574. The trade had a 0.29% impact on the equity portfolio. During the quarter, the stock traded for an average price of $54.6.
On 11/15/2022, JPMorgan Equity Premium Income ETF traded for a price of $54.96 per share and a market cap of $15.26Bil. The stock has returned -2.29% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, JPMorgan Equity Premium Income ETF has a price-earnings ratio of 22.11 and a price-book ratio of 4.11.
Apple Inc
During the quarter, CARY STREET PARTNERS INVESTMENT ADVISORY LLC bought 24,120 shares of NAS:AAPL for a total holding of 367,269. The trade had a 0.27% impact on the equity portfolio. During the quarter, the stock traded for an average price of $156.95.
On 11/15/2022, Apple Inc traded for a price of $148.28 per share and a market cap of $2,358.86Bil. The stock has returned -0.53% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Apple Inc has a price-earnings ratio of 24.27, a price-book ratio of 46.63, a price-earnings-to-growth (PEG) ratio of 1.39, a EV-to-Ebitda ratio of 18.43 and a price-sales ratio of 6.16.
The price-to-GF Value ratio is 0.86, earning the stock a GF Value rank of 7.
BlackRock Ultra Short-Term Bond ETF
During the quarter, CARY STREET PARTNERS INVESTMENT ADVISORY LLC bought 65,500 shares of BATS:ICSH for a total holding of 246,641. The trade had a 0.27% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.74.
On 11/15/2022, BlackRock Ultra Short-Term Bond ETF traded for a price of $49.97 per share and a market cap of $7.05Bil. The stock has returned 0.20% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, BlackRock Ultra Short-Term Bond ETF has a price-earnings ratio of 22.30 and a price-book ratio of 0.95.
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.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
