SUMMIT FINANCIAL GROUP, INC. 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.
300 NORTH MAIN ST MOOREFIELD, WV 26836
As of the latest 13F report, the guru’s equity portfolio contained 190 stocks valued at a total of $241.00Mil. The top holdings were MSFT(3.37%), SPY(3.09%), and SMMF(2.90%).
According to GuruFocus data, these were SUMMIT FINANCIAL GROUP, INC.’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
During the quarter, SUMMIT FINANCIAL GROUP, INC. bought 3,269 shares of ARCA:SPY for a total holding of 20,857. The trade had a 0.48% impact on the equity portfolio. During the quarter, the stock traded for an average price of $395.76.
On 11/17/2022, S&P 500 ETF TRUST ETF traded for a price of $393.48 per share and a market cap of $376.08Bil. The stock has returned -14.72% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 19.40, a price-book ratio of 3.58, a price-earnings-to-growth (PEG) ratio of 2.31, a EV-to-Ebitda ratio of 14.49 and a price-sales ratio of 2.74.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
BlackRock Short Maturity Bond ETF
SUMMIT FINANCIAL GROUP, INC. reduced their investment in BATS:NEAR by 23,095 shares. The trade had a 0.44% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.98.
On 11/17/2022, BlackRock Short Maturity Bond ETF traded for a price of $49.1699 per share and a market cap of $4.16Bil. The stock has returned -0.45% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, BlackRock Short Maturity Bond ETF has a price-earnings ratio of 4.00 and a price-book ratio of 1.14.
iShares 1-3 Year Treasury Bond ETF
SUMMIT FINANCIAL GROUP, INC. reduced their investment in NAS:SHY by 12,801 shares. The trade had a 0.41% impact on the equity portfolio. During the quarter, the stock traded for an average price of $81.95.
On 11/17/2022, iShares 1-3 Year Treasury Bond ETF traded for a price of $81.15 per share and a market cap of $29.59Bil. The stock has returned -4.53% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Floating Rate Bond ETF
SUMMIT FINANCIAL GROUP, INC. reduced their investment in BATS:FLOT by 9,085 shares. The trade had a 0.17% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.82.
On 11/17/2022, iShares Floating Rate Bond ETF traded for a price of $50.28 per share and a market cap of $8.88Bil. The stock has returned 0.35% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares 7-10 Year Treasury Bond ETF
SUMMIT FINANCIAL GROUP, INC. reduced their investment in NAS:IEF by 3,629 shares. The trade had a 0.15% impact on the equity portfolio. During the quarter, the stock traded for an average price of $100.88.
On 11/17/2022, iShares 7-10 Year Treasury Bond ETF traded for a price of $96.495 per share and a market cap of $22.20Bil. The stock has returned -14.24% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
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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