Financial Services Advisory Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

As the financial landscape constantly evolves and investment strategies shift, it is crucial for investors to stay informed about the changes in holdings of funds. In this article, we will examine the quarterly comparison between Q2 2023 and Q3 2023 13F holdings of Financial Services Advisory Inc.

Vanguard remains a prominent player in the market, with one of its flagship funds, the Vanguard Index Funds (VOO), experiencing a significant decrease in holdings. The number of shares held in Q2 2023 was 96,982, but this figure dropped to 66,282 in Q3 2023, representing a 34.1% decrease. The value of these shares also decreased from $39,498,000 to $26,028,000.

J P Morgan Exchange Traded Fund (JEPI) also saw a slight downturn in holdings with a 4.2% decrease. In Q2 2023, there were 413,266 shares held, while in Q3 2023, that number dropped to 408,803. The value of these shares decreased from $22,866,000 to $21,895,000.

Meanwhile, the SPDR S&P 500 ETF Trust (SPY) experienced a more significant decrease in holdings. The number of shares held dropped from 52,845 in Q2 2023 to 35,280 in Q3 2023, reflecting a 35.6% decrease. Similarly, the value of these shares decreased from $23,425,000 to $15,081,000.

On the other hand, there were a few funds that showed relatively stable holdings or even some increases. The iShares TR (OEF) fund saw minimal change in its holdings, with a decrease of only 0.4%. The number of shares held in Q2 2023 was 72,507, and this number slightly increased to 74,499 in Q3 2023. The value of these shares remained relatively stable at $15,013,000 and $14,947,000 in Q2 and Q3 2023, respectively.

Invesco Exchange Traded FD T (SPHQ) experienced a 4.1% decrease in holdings. The number of shares held in Q2 2023 was 302,409, which decreased to 292,490 in Q3 2023. The value of these shares also decreased from $15,256,000 to $14,636,000.

One notable change is the sudden increase in holdings for iShares TR (HYG) in Q3 2023. There were no shares held in Q2 2023, but in Q3 2023, the fund acquired 164,057 shares, with a value of $12,094,000. This indicates a new investment strategy or a shift in focus for Financial Services Advisory Inc.

Other funds that experienced considerable increases in holdings include SPDR SER TR (JNK), WisdomTree TR (USFR), and VanEck ETF Trust (ANGL). JNK saw a 16.9% increase in shares held, with the number rising from 115,362 in Q2 2023 to 134,017 in Q3 2023. The value of these shares increased from $10,428,000 to $13,017,000.

USFR, on the other hand, had a minimal increase of 0.1% in its holdings. The number of shares held in Q2 2023 was 194,631, which slightly increased to 194,810 in Q3 2023. The value of these shares remained relatively stable at $9,793,000 and $9,802,000 in Q2 and Q3 2023, respectively.

Lastly, ANGL experienced a significant increase in holdings, acquiring 339,640 shares in Q3 2023. This surge in holdings indicates a potential opportunity that Financial Services Advisory Inc saw in the VanEck ETF Trust.

These are just a few highlights from the Q2 2023 vs. Q3 2023 13F holdings comparison for Financial Services Advisory Inc. It is essential for investors to dive deeper into the specific changes of each fund, as these numbers might indicate changes in investment strategy, market trends, or other factors that can impact the overall portfolio. Stay informed and make well-informed investment decisions based on thorough analysis and research.