The investment landscape saw a series of strategic moves by prominent firms in the fourth quarter. Goldstein Advisors LLC notably increased its investment in the iShares Russell Mid-Cap ETF (IWR) by a substantial 122.3%, bringing its total holdings to a value of $963,000. However, the firm also sold shares in several ETFs, including iShares Core S&P Small-Cap ETF (IJR), iShares Core S&P 500 ETF (IVV), iShares MSCI EAFE Min Vol Factor ETF (EFAV), Vanguard Health Care ETF (VHT), and iShares Core S&P Mid-Cap ETF (IJH), suggesting a recalibration of its portfolio strategy. Additionally, Goldstein Advisors LLC acquired new positions in iShares MSCI EAFE Growth ETF (EFG), iShares Russell 2000 ETF (IWM), and iShares MSCI USA Min Vol Factor ETF (USMV), reflecting a diversification into growth-oriented and minimum volatility assets.In a significant development, Bush Investment Group LLC took a substantial new position in SPDR Portfolio S&P 500 ETF (SPLG) valued at $10.90 million, making it the 4th biggest holding in its portfolio. This move underscores the firm’s confidence in the broad market index as a cornerstone investment. Evoke Wealth LLC, meanwhile, sold a portion of its holdings in LKQ Co. (LKQ) and initiated a new position in Five Below, Inc. (FIVE), indicating active management and rebalancing in line with evolving market dynamics. These portfolio adjustments by investment firms are reflective of the ongoing efforts to navigate a complex and fluid market environment.
Key points
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- Goldstein Advisors LLC significantly increased its stake in iShares Russell Mid-Cap ETF (IWR).
- Goldstein Advisors LLC also reduced its holdings in multiple ETFs, including iShares Core S&P Small-Cap ETF (IJR) and iShares Core S&P 500 ETF (IVV).
- Bush Investment Group LLC entered a new position in SPDR Portfolio S&P 500 ETF (SPLG), investing $10.90 million.
- Evoke Wealth LLC sold shares in LKQ Co. (LKQ) and bought a new position in Five Below, Inc. (FIVE).
