FAS Wealth Partners, Inc. Q2 2023 vs. Q3 2023: A Comprehensive Analysis of Holdings Changes

Introduction:

Investors and financial analysts are always on the lookout for valuable insights into the holdings of prominent funds and institutions. The quarterly 13F filings provide a treasure trove of information, revealing the buying and selling activities of some of the most influential players in the market.

In this article, we will focus on the Q2 2023 and Q3 2023 holdings of FAS Wealth Partners, Inc., and analyze the changes in their portfolio. By examining the data, we can gain valuable insights into the fund's investment strategy and potential market trends.

Analyzing the Holdings Changes:

1. J P Morgan Exchange Traded Fund (JEPI):

- Q2 2023 (SHARES): 1,156,571

- Q3 2023 (SHARES): 1,190,327

- Q2 2023 VALUE ($000): 63,993

- Q3 2023 VALUE ($000): 63,753

- Chg %: -0.4%

Despite a marginal decrease of 0.4% in the number of shares held, the value of the holdings remained relatively stable. This indicates that FAS Wealth Partners, Inc. maintains confidence in J P Morgan Exchange Traded Fund.

2. Invesco Exchange Traded Fund (PLW):

- Q2 2023 (SHARES): 0

- Q3 2023 (SHARES): 2,076,945

- Q2 2023 VALUE ($000): 0

- Q3 2023 VALUE ($000): 55,682

FAS Wealth Partners, Inc. significantly increased its holdings in Invesco Exchange Traded Fund, acquiring over 2 million shares. This suggests a bullish sentiment towards the fund, possibly driven by positive market conditions.

3. iShares TR (JKE):

- Q2 2023 (SHARES): 708,369

- Q3 2023 (SHARES): 708,476

- Q2 2023 VALUE ($000): 44,160

- Q3 2023 VALUE ($000): 42,260

- Chg %: -4.3%

The relatively stable number of shares held by FAS Wealth Partners, Inc. in iShares TR indicates a cautious approach. However, the decrease in value implies a slight reduction in the overall performance of the investment.

4. iShares TR (EFG):

- Q2 2023 (SHARES): 368,867

- Q3 2023 (SHARES): 387,645

- Q2 2023 VALUE ($000): 35,193

- Q3 2023 VALUE ($000): 33,453

- Chg %: -4.9%

Similar to iShares TR (JKE), the number of shares held in iShares TR (EFG) remained relatively stable. However, the decrease in value suggests a slight decline in the performance of the investment.

5. SPDR Ser TR (MDYV):

- Q2 2023 (SHARES): 497,940

- Q3 2023 (SHARES): 491,461

- Q2 2023 VALUE ($000): 34,248

- Q3 2023 VALUE ($000): 31,876

- Chg %: -6.9%

FAS Wealth Partners, Inc. reduced its holdings in SPDR Ser TR (MDYV) by 6.9%, indicating a cautious approach or a strategic reallocation of funds. The decrease in value reflects a potential decline in the investment's performance during the period.

Conclusion:

The analysis of FAS Wealth Partners, Inc.'s Q2 2023 and Q3 2023 holdings provides valuable insights into the fund's investment strategy and market sentiment. While some holdings remained stable, others experienced significant changes, indicating shifts in investment priorities.

Investors and analysts can use this information to gain a better understanding of FAS Wealth Partners, Inc.'s approach to portfolio management. It is essential to note that the analysis above is based solely on the reported 13F holdings and should not be considered as financial advice.