RiverFront Investment Group, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
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.
1214 EAST CARY STREET RICHMOND, VA 23219
As of the latest 13F report, the guru’s equity portfolio contained 101 stocks valued at a total of $439.00Mil. The top holdings were IVV(6.54%), RFDA(6.33%), and SHYG(5.10%).
According to GuruFocus data, these were RiverFront Investment Group, LLC’s top five trades of the quarter.
iShares Currency Hedged MSCI EAFE ETF
The guru sold out of their 3,059,046-share investment in BATS:HEFA. Previously, the stock had a 3.61% weight in the equity portfolio. Shares traded for an average price of $26.74 during the quarter.
On 02/24/2023, iShares Currency Hedged MSCI EAFE ETF traded for a price of $29.005 per share and a market cap of $3.12Bil. The stock has returned 9.19% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Currency Hedged MSCI EAFE ETF has a price-earnings ratio of 13.23 and a price-book ratio of 1.65.
iShares Core MSCI EAFE ETF
During the quarter, RiverFront Investment Group, LLC bought 2,541,503 shares of BATS:IEFA for a total holding of 2,823,829. The trade had a 2.62% impact on the equity portfolio. During the quarter, the stock traded for an average price of $58.61.
On 02/24/2023, iShares Core MSCI EAFE ETF traded for a price of $64.59 per share and a market cap of $93.08Bil. The stock has returned -3.63% 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 12.75 and a price-book ratio of 1.55.
First Trust BuyWrite Income ETF
The guru established a new position worth 272,260 shares in NAS:FTHI, giving the stock a 1.2% weight in the equity portfolio. Shares traded for an average price of $19.11 during the quarter.
On 02/24/2023, First Trust BuyWrite Income ETF traded for a price of $19.91 per share and a market cap of $133.15Mil. The stock has returned 0.25% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, First Trust BuyWrite Income ETF has a price-earnings ratio of 15.76 and a price-book ratio of 3.33.
INVESCO QQQ Trust
RiverFront Investment Group, LLC reduced their investment in NAS:QQQ by 112,346 shares. The trade had a 1.15% impact on the equity portfolio. During the quarter, the stock traded for an average price of $275.95.
On 02/24/2023, INVESCO QQQ Trust traded for a price of $291.17 per share and a market cap of $154.96Bil. The stock has returned -13.71% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, INVESCO QQQ Trust has a price-earnings ratio of 25.39 and a price-book ratio of 5.87.
iShares Core S&P Small-Cap ETF
The guru established a new position worth 218,324 shares in ARCA:IJR, giving the stock a 1.02% weight in the equity portfolio. Shares traded for an average price of $95.59 during the quarter.
On 02/24/2023, iShares Core S&P Small-Cap ETF traded for a price of $101.91 per share and a market cap of $70.57Bil. The stock has returned -1.51% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Core S&P Small-Cap ETF has a price-earnings ratio of 12.17 and a price-book ratio of 1.78.
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.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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.
