GenWealth Group, Inc. Q3 2023 vs. Q4 2023: A Deep Dive into Holdings Comparison

Investing in funds requires a thorough understanding of the market and its fluctuations. One way to gain insights into fund holdings is through Form 13F, which provides a snapshot of institutional investment managers' holdings. In this article, we will explore the changes in holdings of GenWealth Group, Inc. between Q3 2023 and Q4 2023.

ISHARES GOLD TR: A Steady Decline

During this period, GenWealth Group, Inc. witnessed a decrease in their holdings of ISHARES GOLD TR (IAU). In Q3 2023, they held 823,040 shares, which dropped to 807,417 shares in Q4 2023. The value of their holdings also decreased from $28,798,000 to $31,513,000, representing a change of 9.4%. This indicates a decrease in confidence in the gold market during this timeframe.

SCHWAB STRATEGIC TR: A Promising Increase

In contrast to IAU, GenWealth Group, Inc. experienced an increase in holdings for SCHWAB STRATEGIC TR (SCHV). They held 422,363 shares in Q3 2023, which rose to 431,856 shares in Q4 2023. The value of their holdings also increased from $27,225,000 to $30,273,000, reflecting a change of 11.2%. This shows a positive sentiment towards this particular fund.

VANGUARD INDEX FDS: A Slight Dip

GenWealth Group, Inc. saw a small decrease in their holdings of VANGUARD INDEX FDS (VUG) between Q3 2023 and Q4 2023. Their holdings went from 98,202 shares to 94,168 shares, while the value of their holdings decreased from $26,741,000 to $29,274,000. Despite the decline of 9.5%, VUG remains a significant part of their investment portfolio.

ISHARES TR: A Marginal Increase

ISHARES TR (IEF) also saw a marginal increase in holdings by GenWealth Group, Inc. They held 250,217 shares in Q3 2023, which rose slightly to 252,653 shares in Q4 2023. The value of their holdings increased from $22,917,000 to $24,353,000, representing a change of 6.3%. This indicates a conservative increase in their investment in bonds.

VANGUARD INDEX FDS: A Positive Outlook

GenWealth Group, Inc. demonstrated a positive outlook towards VANGUARD INDEX FDS (VOO). Their holdings rose from 52,254 shares in Q3 2023 to 54,553 shares in Q4 2023, while the value increased from $20,519,000 to $23,828,000, reflecting a change of 16.1%. This fund seems to align with their investment strategy for long-term growth.

INVESCO QQQ TR: A Decline in Holdings

During this period, GenWealth Group, Inc. experienced a decrease in their holdings of INVESCO QQQ TR (QQQ). Their holdings dropped from 45,341 shares to 40,132 shares, while the value of their holdings decreased from $16,244,000 to $16,434,000, representing a change of 1.2%. This decrease might be due to a shift in focus towards other investment options.

ISHARES TR: A Slight Dip

GenWealth Group, Inc. also saw a slight decrease in their holdings of ISHARES TR (IVV). They held 35,553 shares in Q3 2023, which dropped to 33,679 shares in Q4 2023. The value of their holdings decreased from $15,267,000 to $16,086,000, reflecting a change of 5.4%. This indicates a minor adjustment in their overall investment strategy.

SPDR DOW JONES INDL AVERAGE: A Stable Position

Despite fluctuations in other holdings, GenWealth Group, Inc. maintained a stable position in their holdings of SPDR DOW JONES INDL AVERAGE (DIA). Their holdings remained consistent at 42,116 shares in both Q3 2023 and Q4 2023. The value of their holdings increased from $14,106,000 to $15,901,000, representing a change of 12.7%. This signifies confidence in the stability of the Dow Jones Industrial Average.

ISHARES TR: A Slight Dip

Another marginal decrease was observed in the holdings of ISHARES TR (IWP) by GenWealth Group, Inc. Their holdings decreased from 159,998 shares in Q3 2023 to 147,683 shares in Q4 2023. The value of their holdings also decreased from $14,615,000 to $15,426,000, reflecting a change of 5.5%. This suggests a minor adjustment in their investment strategy.

ISHARES TR: A Significant Increase

GenWealth Group, Inc. experienced a significant increase in their holdings of ISHARES TR (IWS) during this period. Their holdings went from zero shares in Q3 2023 to 126,385 shares in Q4 2023. The value of their holdings increased from zero to $14,697,000, representing an impressive change of 688.1%. This indicates a strong preference for this particular fund.

As we analyzed the changes in holdings of GenWealth Group, Inc. between Q3 2023 and Q4 2023, we observed both positive and negative movements in their portfolio. While some funds experienced slight dips, others showed promising growth. These changes might reflect adjustments in their investment strategy based on market conditions and emerging opportunities. Stay tuned for further updates on institutional holdings to gain valuable insights for your own investment decisions.