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Revealing First Allied Advisory Services, Inc.'s Latest Q2 2020 Vs. Q3 2020 Holdings Update

Ava Hoppe | 1 May, 2023

First Allied Advisory Services, Inc. recently published their latest Q2 2020 vs. Q3 2020 13F Holdings Comparison. The report outlines the latest changes in holdings and provides insightful revelations for investors. This article will dissect the report, highlighting the significant changes and the best investment opportunities for the informed investor.

Apple:

First Allied increased their holdings in Apple Inc. by a staggering 1,075% in Q3 2020, from 357,314 shares to 1,431,656 shares, representing a 27.2% increase in the value of the shares. This boost in holdings suggests that Apple has a promising future and that First Allied believes the company is worth investing in for its long-term growth potential.

Vanguard Index FDS:

First Allied's holdings in Vanguard Index FDS decreased by 8.6%, from 554,244 shares in Q2 2020 to 506,654 shares in Q3 2020. While this decrease may appear alarming, the change only represents a 0.5% drop in the value of the shares. The decrease in the number of shares may be due to First Allied's need to redistribute their holdings to maximize their investment opportunities.

Invesco QQQ TR:

First Allied added 190,332 shares of Invesco QQQ TR, worth $52,882, in Q3 2020. The 0% holdings in Q2 2020 suggest that First Allied had no interest in holding Invesco QQQ TR shares. Their current interest could be due to the recent market developments, which may have led to a significant increase in Invesco QQQ TR's potential.

iShares Tr:

First Allied's holdings in iShares Tr declined by 1.3%, from 294,847 shares in Q2 2020 to 279,367 shares in Q3 2020. The decrease is only accountable for a 1.3% decline in the value of the shares, and thus, it may not be inappropriate to sell off shares in this company at this point.

Amazon:

First Allied's holdings in Amazon increased by 4.5%, from 14,991 shares in Q2 2020 to 15,697 shares in Q3 2020, representing a 19.5% increase in the value of the shares. The increase indicates that First Allied is confident in Amazon's ability to maintain its profitability in the long run, despite Covid-19 and other market disruptions.

iShares Tr:

First Allied increased their holdings in iShares Tr by 3.7% from 139,091 shares to 144,669 shares, revealing their belief in the growth potential and long-term profitability in the company.

Microsoft Corp:

In Q3 2020, First Allied increased their holdings in Microsoft Corp by 1.5%, from 226,103 shares in Q2 2020 to 227,369 shares. Despite the relatively small percentage change, this still represents an increase in value from $46,014 to $47,823, indicating their confidence in Microsoft Corp's growth potential and long-term profitability.

Vanguard BD Index FDS:

First Allied's holdings in Vanguard BD Index FDS decreased by 5.8% from 462,377 shares to 436,120 shares in Q3 2020. The drop represents a minor decline in the value of the shares, and it is essential to note that holding assets across multiple categories such as Vanguard BD Index FDS is wise as it diversifies the investment portfolio.

iShares Tr:

First Allied's holdings in iShares Tr declined by 10% from 977,570 shares to 833,734 shares in Q3 2020. The decline may be due to the company needing to redistribute their holdings to maximize investments.

Investment Opportunities:

Based on the latest report by First Allied, investors keen on long-term profitability may find it worthwhile to focus on Apple, Amazon, iShares, and Microsoft. However, with the market changing rapidly, investors should keep track of future reports from First Allied Advisory Services, Inc. and the stock market in general, looking out for any significant announcements or changes.

Conclusion:

First Allied Advisory Services, Inc.'s Q2 2020 vs. Q3 2020 13F Holdings Comparison report presents interesting revelations that could influence investor decisions. While the current trends suggest that long-term profitability could be found in stocks like Apple, Amazon, iShares, and Microsoft, it is crucial to keep track of the market and the performance of specific companies in various sectors. With appropriate research and due diligence, investors can make informed decisions that lead to robust investment portfolios.

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