Legacy Wealth Management, Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

In the fast-paced world of finance, keeping track of changes in holdings is crucial. Legacy Wealth Management, Inc recently released their Q1 2023 and Q2 2023 13F Holdings Comparison, revealing some interesting shifts in the market. Let's take a closer look at the data and analyze the impact these changes might have.

SCHK (SCHWAB STRATEGIC TR)

Q1 2023 (SHARES): 8,685,492

Q2 2023 (SHARES): 8,662,174

Q1 2023 VALUE ($000): 343,511

Q2 2023 VALUE ($000): 370,654

CHG %: 7.9

First on the list is SCHK, with a slight decrease in the number of shares held from Q1 to Q2. However, the value of their holdings increased by a significant 7.9%. This suggests that Legacy Wealth Management sees potential in SCHWAB STRATEGIC TR and has faith in its future performance.

IWB (ISHARES TR)

Q1 2023 (SHARES): 814,742

Q2 2023 (SHARES): 810,267

Q1 2023 VALUE ($000): 183,504

Q2 2023 VALUE ($000): 197,494

CHG %: 7.6

ISHARES TR also experienced a marginal decrease in the number of shares, along with a 7.6% increase in the value of their holdings. It's worth noting that these changes are relatively small, indicating that Legacy Wealth Management maintains confidence in this investment.

JPST (J P MORGAN EXCHANGE TRADED F)

Q1 2023 (SHARES): 3,574,062

Q2 2023 (SHARES): 3,600,758

Q1 2023 VALUE ($000): 179,846

Q2 2023 VALUE ($000): 180,542

CHG %: 0.4

Moving on, there's JPST, which saw a tiny increase in the number of shares held from Q1 to Q2. The value of their holdings remained relatively stable with a negligible change of 0.4%. This indicates that Legacy Wealth Management views this investment as a steady and reliable option.

JCPB (J P MORGAN EXCHANGE TRADED F)

Q1 2023 (SHARES): 2,014,359

Q2 2023 (SHARES): 2,136,706

Q1 2023 VALUE ($000): 95,460

Q2 2023 VALUE ($000): 99,527

CHG %: 4.3

Similar to JPST, JCPB also experienced a moderate increase in the number of shares held. This increase is accompanied by a 4.3% rise in the value of their holdings. These changes suggest that Legacy Wealth Management sees potential growth in J P MORGAN EXCHANGE TRADED F.

SCHM (SCHWAB STRATEGIC TR)

Q1 2023 (SHARES): 1,341,183

Q2 2023 (SHARES): 1,362,290

Q1 2023 VALUE ($000): 90,999

Q2 2023 VALUE ($000): 96,763

CHG %: 6.3

SCHM also experienced a slight increase in the number of shares held, accompanied by a 6.3% rise in the value of their holdings. This indicates that Legacy Wealth Management has a positive outlook for SCHWAB STRATEGIC TR and expects it to perform well.

IJH (ISHARES TR)

Q1 2023 (SHARES): 320,652

Q2 2023 (SHARES): 316,882

Q1 2023 VALUE ($000): 80,214

Q2 2023 VALUE ($000): 82,858

CHG %: 3.3

ISHARES TR also saw a decrease in the number of shares held, but this was accompanied by a smaller 3.3% increase in the value of their holdings. These changes suggest that Legacy Wealth Management believes in the long-term potential of ISHARES TR.

SCHX (SCHWAB STRATEGIC TR)

Q1 2023 (SHARES): 912,948

Q2 2023 (SHARES): 901,388

Q1 2023 VALUE ($000): 44,159

Q2 2023 VALUE ($000): 47,205

CHG %: 6.9

SCHWAB STRATEGIC TR continues to be a significant investment for Legacy Wealth Management. Although there was a decrease in the number of shares, the value of their holdings increased by 6.9%. This suggests that Legacy Wealth Management maintains confidence in the future performance of SCHX.

IJR (ISHARES TR)

Q1 2023 (SHARES): 389,883

Q2 2023 (SHARES): 406,017

Q1 2023 VALUE ($000): 37,701

Q2 2023 VALUE ($000): 40,459

CHG %: 7.3

ISHARES TR had a significant increase in the number of shares held, along with a 7.3% rise in the value of their holdings. This indicates that Legacy Wealth Management sees promising growth potential in ISHARES TR.

SCHA (SCHWAB STRATEGIC TR)

Q1 2023 (SHARES): 580,890

Q2 2023 (SHARES): 589,883

Q1 2023 VALUE ($000): 24,356

Q2 2023 VALUE ($000): 25,836

CHG %: 6.1

Another investment in SCHWAB STRATEGIC TR, SCHA, experienced a slight increase in the number of shares held along with a 6.1% rise in the value of their holdings. This suggests that Legacy Wealth Management sees potential in this particular fund.

The remaining holdings also experienced various changes, with some showing modest gains and others staying relatively stable. It's essential to note that these changes reflect the individual investment decisions made by Legacy Wealth Management and may not reflect overall market trends.

Overall, this Q1 2023 vs. Q2 2023 13F Holdings Comparison highlights the strategic approach Legacy Wealth Management takes when managing their clients' assets. By carefully analyzing the market and making adjustments to their holdings, they aim to maximize returns and protect their clients' investments. It will be interesting to see how these changes play out in the coming months and what further insights we can gather from future reports.