ELCO Management Co., 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.
10 East 53rd St. New York, NY 10022
As of the latest 13F report, the guru’s equity portfolio contained 141 stocks valued at a total of $126.00Mil. The top holdings were LNG(6.94%), WMB(5.74%), and ET(4.84%).
According to GuruFocus data, these were ELCO Management Co., LLC’s top five trades of the quarter.
Global X S&P 500 Covered Call ETF
The guru established a new position worth 48,200 shares in ARCA:XYLD, giving the stock a 1.46% weight in the equity portfolio. Shares traded for an average price of $41.25 during the quarter.
On 11/15/2022, Global X S&P 500 Covered Call ETF traded for a price of $40.38 per share and a market cap of $1.97Bil. The stock has returned -10.37% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Global X S&P 500 Covered Call ETF has a price-earnings ratio of 19.43 and a price-book ratio of 3.61.
Linkbancorp Inc
The guru established a new position worth 173,229 shares in NAS:LNKB, giving the stock a 1.03% weight in the equity portfolio. Shares traded for an average price of $8.95 during the quarter.
On 11/15/2022, Linkbancorp Inc traded for a price of $8 per share and a market cap of $119.52Mil. The stock has returned -35.41% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Linkbancorp Inc has a price-earnings ratio of 14.29, a price-book ratio of 0.87 and a price-sales ratio of 2.38.
JPMorgan Equity Premium Income ETF
The guru established a new position worth 21,600 shares in ARCA:JEPI, giving the stock a 0.88% weight in the equity portfolio. Shares traded for an average price of $54.6 during the quarter.
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 -2.59% 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 4.12.
MainStreet Bancshares Inc
During the quarter, ELCO Management Co., LLC bought 26,025 shares of NAS:MNSB for a total holding of 36,025. The trade had a 0.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $23.53.
On 11/15/2022, MainStreet Bancshares Inc traded for a price of $28.55 per share and a market cap of $212.28Mil. The stock has returned 18.28% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, MainStreet Bancshares Inc has a price-earnings ratio of 9.91, a price-book ratio of 1.30, a price-earnings-to-growth (PEG) ratio of 0.64 and a price-sales ratio of 3.14.
The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.
Primis Financial Corp
The guru established a new position worth 45,544 shares in NAS:FRST, giving the stock a 0.44% weight in the equity portfolio. Shares traded for an average price of $13.23 during the quarter.
On 11/15/2022, Primis Financial Corp traded for a price of $12.46 per share and a market cap of $307.32Mil. The stock has returned -19.78% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Primis Financial Corp has a price-earnings ratio of 13.84, a price-book ratio of 0.78, a price-earnings-to-growth (PEG) ratio of 1.54 and a price-sales ratio of 2.74.
The price-to-GF Value ratio is 0.85, earning the stock a GF Value rank of 7.
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.
