Peterson Wealth Advisors, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Introduction:

Peterson Wealth Advisors, LLC has recently released their 13F holdings comparison for the first quarter of 2023 and the second quarter of 2023. This report provides valuable insights into the changes in holdings of various funds during this period. In this article, we will analyze the key findings from the report and explore the implications for investors.

Significant Changes in Holdings:

1. SPLG (SPDR SER TR):

- Q1 2023 (SHARES): 2,430,583

- Q2 2023 (SHARES): 2,383,802

- Q1 2023 VALUE ($000): 117,032

- Q2 2023 VALUE ($000): 124,458

- Chg %: 6.3

The holdings of SPLG decreased by approximately 2% from the first quarter to the second quarter, resulting in a slight increase in the overall value of the fund. This change suggests a reallocation of assets within the fund.

2. JPST (J P MORGAN EXCHANGE TRADED F):

- Q1 2023 (SHARES): 532,425

- Q2 2023 (SHARES): 635,454

- Q1 2023 VALUE ($000): 26,791

- Q2 2023 VALUE ($000): 31,734

- Chg %: 18.4

JPST experienced a significant increase in holdings, with the number of shares rising by approximately 19%. This change indicates a bullish sentiment towards the fund, potentially driven by positive market conditions.

3. SCHH (SCHWAB STRATEGIC TR):

- Q1 2023 (SHARES): 99,814

- Q2 2023 (SHARES): 97,730

- Q1 2023 VALUE ($000): 1,946

- Q2 2023 VALUE ($000): 1,927

- Chg %: -1

SCHH witnessed a slight decrease in holdings, with a decline of around 1%. Despite this minimal change, it is essential to monitor the fund's performance to determine any long-term trends.

4. HD (HOME DEPOT INC):

- Q1 2023 (SHARES): 2,388

- Q2 2023 (SHARES): 1,482

- Q1 2023 VALUE ($000): 704

- Q2 2023 VALUE ($000): 459

- Chg %: -34.8

Home Depot Inc, represented by the ticker symbol HD, experienced a substantial decrease in the number of shares held, with a decline of approximately 38%. This change may indicate a strategic move by investors to reposition their portfolios.

Implications for Investors:

1. Diversification: The changes in holdings suggest active portfolio management, with funds being reallocated based on market trends and potential opportunities. Investors should consider diversifying their holdings to mitigate risk and take advantage of varied market conditions.

2. Market Sentiment: The increase in holdings of certain funds, such as JPST, indicates a positive market sentiment and potential growth prospects. Investors should closely monitor these funds for further developments that could impact their portfolios.

3. Risk Management: The decrease in holdings of specific stocks, such as Home Depot Inc (HD), highlights the importance of risk management. Investors should regularly review their portfolios and consider adjusting their positions to mitigate any potential losses.

4. Long-term Trends: While some changes in holdings may be short-term adjustments, it's crucial to analyze long-term trends. Monitoring the overall performance of funds and individual stocks can provide valuable insights into market conditions and investor sentiment.

Conclusion:

The 13F holdings comparison report by Peterson Wealth Advisors, LLC for Q1 2023 vs. Q2 2023 offers a comprehensive overview of the changes in fund holdings during this period. Investors can use this information to make informed decisions about their own portfolios and monitor market trends. By diversifying holdings, considering market sentiment, managing risks, and focusing on long-term trends, investors can position themselves for success in a dynamic market environment.