The Changing Landscape of Lowe Brockenbrough & Co Inc: A Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investing in the stock market can be a tricky endeavor as one needs to constantly monitor their portfolio to ensure they are making the most of their investments. This is precisely why investment firms like Lowe Brockenbrough & Co Inc exist. These firms have a dedicated team of professionals who are responsible for managing their clients’ investments and ensuring they yield a good return. Part of the responsibility of these professionals is to conduct thorough investigations and comparisons of their holdings to ensure they are making the right decisions. In this article, we will be taking a critical look at the Q3 2022 vs. Q4 2022 13F holdings of Lowe Brockenbrough & Co Inc, outlining any significant changes and highlighting some interesting trends.

Apple continues to reign supreme

For many years, Apple Inc has been at the forefront of tech innovation, and this is evident in the company's consistent growth, as seen in its Q3 2022 vs. Q4 2022 13F holdings comparison. Lowe Brockenbrough & Co Inc's Q4 2022 13F holdings show that the firm increased its shares in Apple by 2597, bringing its total shares to 361128. Interestingly, this increase occurred despite a 5.3% decrease in the value of the shares from Q3 2022, bringing the value down to $46921.

Microsoft makes significant gains

Another tech giant that has made significant gains in Q4 2022 is Microsoft Corp. In Q3 2022, Lowe Brockenbrough & Co Inc owned 157074 shares in the company, but this increased to 159445 shares in Q4 2022. Additionally, there was a 4.5% increase in the value of the shares from Q3 2022, which brought the value up to $38238.

Invesco Exchange Traded FD T takes a hit

While most of Lowe Brockenbrough & Co Inc's investments performed well in Q4 2022, there were a few companies that took a hit. One of these is the Invesco Exchange Traded FD T, where the firm experienced a 4.4% decrease in shares from Q3 2022, bringing its total shares down from 193881 to 167060 in Q4 2022. The value of the shares also decreased by 4.4%, bringing the value down to $23597.

Chevron Corp New sees a significant increase

On the other hand, there were a couple of companies that saw a significant increase in their shares, with Chevron Corp New being the most prominent. Lowe Brockenbrough & Co Inc increased its shares in the company from 130053 in Q3 2022 to 132613 in Q4 2022, indicating a 1.97% increase. Furthermore, there was a 27.4% increase in the value of the shares, bringing the value up to $23802.

Interesting trends

Looking at the Q3 2022 vs. Q4 2022 13F holdings of Lowe Brockenbrough & Co Inc, it is clear that the firm's investments in tech companies continue to dominate its portfolio. Additionally, the firm also seems to be making some interesting moves into the healthcare sector, with companies like Johnson & Johnson and Pfizer Inc seeing increased shares in Q4 2022. Furthermore, the firm's investment in Elevance Health Inc suggests a keen interest in the sector.

Conclusion

The Q3 2022 vs. Q4 2022 13F holdings of Lowe Brockenbrough & Co Inc show that the firm continues to make smart investments in tech giants like Apple and Microsoft. It is also evident that the firm is keeping a close eye on the healthcare sector, with some interesting investments in Johnson & Johnson and Pfizer Inc. Overall, the Q3 2022 vs. Q4 2022 13F holdings show that Lowe Brockenbrough & Co Inc is making strategic investments and is poised to continue delivering great returns for its clients.