SNS Financial Group, LLC Q2 2023 vs. Q3 2023 Holdings Comparison

In the ever-changing world of finance, keeping up with the latest trends and movements in the market is crucial. One way to do this is by analyzing the 13F filings of various financial institutions and investment managers. These filings provide a detailed snapshot of the holdings of these entities, allowing investors and analysts to gain valuable insights into their investment strategies.

SNS Financial Group, LLC recently released its Q2 2023 and Q3 2023 13F filings, and the data paints an interesting picture of the changes in the company's holdings during this period. In this article, we will analyze some of the key highlights from these filings and discuss their potential implications.

1. ISHARES TR (QUAL)

- Q2 2023 (SHARES): 695,221

- Q3 2023 (SHARES): 695,955

- Q2 2023 VALUE ($000): 93,764

- Q3 2023 VALUE ($000): 92,073

- CHG %: -1.8

Despite a slight decrease in the number of shares held, the value of SNS Financial Group's holdings in ISHARES TR (QUAL) remained relatively stable. This suggests that they have confidence in the performance of this particular investment and believe it to be a valuable asset for their portfolio.

2. ISHARES TR (IEI)

- Q2 2023 (SHARES): 504,496

- Q3 2023 (SHARES): 497,777

- Q2 2023 VALUE ($000): 58,148

- Q3 2023 VALUE ($000): 56,328

- CHG %: -3.1

Similarly, SNS Financial Group's holdings in ISHARES TR (IEI) saw a slight decrease in the number of shares held. However, the value of these holdings also experienced a marginal decline. This suggests that they may have adjusted their strategy regarding this investment, possibly due to changing market conditions or other factors.

3. SCHWAB STRATEGIC TR (SCHF)

- Q2 2023 (SHARES): 1,538,737

- Q3 2023 (SHARES): 1,565,271

- Q2 2023 VALUE ($000): 54,855

- Q3 2023 VALUE ($000): 53,156

- CHG %: -3.1

SNS Financial Group's holdings in SCHWAB STRATEGIC TR (SCHF) followed a similar pattern, with a slight increase in the number of shares held but a decrease in the overall value of the investment. As with the previous examples, this indicates that SNS Financial Group is actively managing its portfolio and making adjustments based on market conditions and other relevant factors.

4. WISDOMTREE TR (DGRW)

- Q2 2023 (SHARES): 515,205

- Q3 2023 (SHARES): 584,386

- Q2 2023 VALUE ($000): 34,343

- Q3 2023 VALUE ($000): 37,102

- CHG %: 8

One notable change in SNS Financial Group's holdings is the significant increase in their investment in WISDOMTREE TR (DGRW). Not only did the number of shares held substantially increase, but the value of the investment also experienced a notable growth of 8%. This suggests that SNS Financial Group sees potential in WISDOMTREE TR (DGRW) and is actively capitalizing on the opportunity.

5. SPDR S&P 500 ETF TR (SPY)

- Q2 2023 (SHARES): 76,441

- Q3 2023 (SHARES): 75,111

- Q2 2023 VALUE ($000): 34,010

- Q3 2023 VALUE ($000): 32,228

- CHG %: -5.2

In contrast, the holdings of SPDR S&P 500 ETF TR (SPY) saw a decrease in both the number of shares held and the overall value of the investment. This indicates that SNS Financial Group may have adjusted its exposure to this particular ETF, possibly due to a shift in their investment strategy or changing market conditions.

These examples highlight just a few of the many changes in SNS Financial Group's holdings during Q2 2023 and Q3 2023. The data provided in their 13F filings demonstrates the dynamic nature of their investment portfolio and reveals valuable insights into the company's investment strategy. Investors and analysts can use this information to better understand SNS Financial Group's approach to portfolio management and make informed decisions about their own investment strategies.

It is essential to note that these findings are based on historical data and do not guarantee future performance. The financial markets are complex and subject to various factors that can influence the value and performance of investments. It is always advisable to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

As the financial landscape continues to evolve, investors must stay informed and adapt their strategies accordingly. SNS Financial Group's 13F filings offer a glimpse into their investment activities and provide valuable insights that can help investors navigate the dynamic world of finance. By analyzing these filings and considering the potential implications, investors can make more informed decisions and position themselves for success in the ever-changing market.