Legacy Wealth Management, Inc 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.
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As of the latest 13F report, the guru’s equity portfolio contained 19 stocks valued at a total of $1.05Bil. The top holdings were SCHK(29.52%), JPST(17.07%), and IWB(16.58%).
According to GuruFocus data, these were Legacy Wealth Management, Inc’s top five trades of the quarter.
Schwab 1000 Index ETF
During the quarter, Legacy Wealth Management, Inc bought 4,029,754 shares of ARCA:SCHK for a total holding of 9,040,638. The trade had a 14.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $38.35.
On 01/18/2023, Schwab 1000 Index ETF traded for a price of $38.5401 per share and a market cap of $2.46Bil. The stock has returned -11.53% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Schwab 1000 Index ETF has a price-earnings ratio of 19.62 and a price-book ratio of 3.69.
JPMorgan Ultra-Short Income ETF
During the quarter, Legacy Wealth Management, Inc bought 2,060,060 shares of ARCA:JPST for a total holding of 3,649,362. The trade had a 10.73% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.87.
On 01/18/2023, JPMorgan Ultra-Short Income ETF traded for a price of $50.27 per share and a market cap of $24.19Bil. The stock has returned 1.20% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Schwab U.S. Large-Cap Growth ETF
Legacy Wealth Management, Inc reduced their investment in ARCA:SCHG by 1,413,014 shares. The trade had a 10.02% impact on the equity portfolio. During the quarter, the stock traded for an average price of $62.59.
On 01/18/2023, Schwab U.S. Large-Cap Growth ETF traded for a price of $58.63 per share and a market cap of $14.37Bil. The stock has returned -21.12% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Schwab U.S. Large-Cap Growth ETF has a price-earnings ratio of 27.23 and a price-book ratio of 6.79.
JPMorgan Core Plus Bond ETF
During the quarter, Legacy Wealth Management, Inc bought 271,126 shares of BATS:JCPB for a total holding of 372,362. The trade had a 1.29% impact on the equity portfolio. During the quarter, the stock traded for an average price of $47.85.
On 01/18/2023, JPMorgan Core Plus Bond ETF traded for a price of $47.6839 per share and a market cap of $643.73Mil. The stock has returned -7.99% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, JPMorgan Core Plus Bond ETF has a price-book ratio of 2.20.
JPMorgan Short Duration Core Plus ETF
During the quarter, Legacy Wealth Management, Inc bought 104,312 shares of ARCA:JSCP for a total holding of 1,149,045. The trade had a 0.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $46.15.
On 01/18/2023, JPMorgan Short Duration Core Plus ETF traded for a price of $46.44 per share and a market cap of $236.38Mil. The stock has returned -3.79% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, JPMorgan Short Duration Core Plus ETF has a price-earnings ratio of 7.32 and a price-book ratio of 1.59.
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.
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