The Future of First Command Advisory Services, Inc. Q4 2022 vs. Q1 2023
Ava Hoppe | 28 April, 2023
First Command Advisory Services, Inc. is one of the most trusted and reputable financial advisory firms in the industry. The firm's quarterly 13F filings reflect the changes in their holdings compared to the previous quarter. The Q4 2022 vs. Q1 2023 13F Holdings Comparison shows significant changes in the holdings of many stocks. In this blog post, we will discuss the trends in First Command's holdings and what they mean for investors.
Introduction
Investors always keep a watchful eye on their portfolio's performance, especially in times of market volatility. With the Q4 2022 vs. Q1 2023 13F Holdings Comparison, investors can get an insight into the changes that have been made in the held stocks. The report indicates that overall, First Command's holdings have gone up by 0.9% in the first quarter of 2023 compared to the previous quarter.
Main Body
The two stocks that have seen the most significant changes in their holdings are SPYG and SPHQ. SPYG, or the SPDR Ser Tr S&P 500 Growth ETF, has seen a massive 82.4% increase in its shares, while its Q1 2023 value is $1,002,733 compared to its Q4 2022 value of $549,727. On the other hand, SPHQ, or the Invesco Exchange-Traded FD Tr S&P 500 Quality ETF, has seen a change of an even higher percentage with its holding surging from 0 shares to 12,855,195 shares, and a Q1 2023 value of $608,296.
Another significant change is seen in the IJR or Ishares Tr Core S&P Small-Cap ETF, where slight changes of 2.4% in shares and 2.4% in value have been noted. The ETF provides targeted exposure to U.S. small-cap stocks and has continued to trend upward since the previous quarter.
DGRO or Ishares Tr Core Divid Growth ETF is one of the stocks that has seen a substantial decrease of 99.1% in shares and 99% in value from the previous quarter. The ETF provides exposure to U.S. companies that have shown growth in dividends over time. It is unclear why First Command has decided to make such a significant cut to this particular stock.
Aside from these stocks, most of the others listed in the CSV report have seen only minimal changes, making it clear that First Command Adaptive Services Inc. is not aggressively shifting its portfolio. This approach should come as no surprise, as the firm has always been known for its long-term investment strategies.
Conclusion
In conclusion, the Q4 2022 vs. Q1 2023 13F Holdings Comparison report gives investors an insight into the changes that First Command Advisory Services Inc. has made in its holdings. The report shows that the company has not aggressively shifted its portfolio, but rather made slight changes to its stocks. The changes made by the firm seem to be focused on high-growth and quality ETFs. However, the reason behind the firm's decision to cut down their holding on DGRO still remains unclear. Despite that, the overall trend in the firm's portfolio is positive, reaffirming First Command's commitment to its long-term investment strategy. As always, investors must do their own due diligence and decide if the holdings align with their investment goals, risk tolerance, and financial objectives.
Other Posts
- McNamara Financial Services, Inc. Q4 2022 vs. Q1 2023: A Closer Look at the 13F Holdings Comparison CSV
- Edmonds Duncan Registered Investment Advisors, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Gibraltar Capital Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison
- Montrusco Bolton Investments Inc. Q4 2022 vs. Q1 2023: Changes in Holdings and What it Means for Investors
- Exencial Wealth Advisors' Q4 vs. Q1 13F Holdings: An Insightful Comparison
- Arrowgrass Capital Partners' Q3 2019 vs. Q4 2019: A Comprehensive Analysis of 13F Holdings
- Comparing Kanawha Capital Management's Q3 and Q4 2022 13F Holdings: An Analysis of Changes
- One Click LCA Secures €40M Investment to Drive Decarbonization in Construction and Manufacturing
- Steering Through the Legal Labyrinth: Elite's Bold Move with a New Chief Legal Officer
- Exploring the Strategic Moves in Equity Holdings: A Deep Dive into Liberty Capital Management's Latest Portfolio Adjustments