Hofer & Associates. Inc recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
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As of the latest 13F report, the guru’s equity portfolio contained 47 stocks valued at a total of $93.00Mil. The top holdings were BRK.A(11.80%), SPYG(11.59%), and SPYV(7.04%).
According to GuruFocus data, these were Hofer & Associates. Inc’s top five trades of the quarter.
iShares National Muni Bond ETF
The guru sold out of their 1,937-share investment in ARCA:MUB. Previously, the stock had a 0.21% weight in the equity portfolio. Shares traded for an average price of $105.49 during the quarter.
On 12/15/2022, iShares National Muni Bond ETF traded for a price of $106.38 per share and a market cap of $32.22Bil. The stock has returned -6.82% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
JPMorgan Chase & Co
During the quarter, Hofer & Associates. Inc bought 1,805 shares of NYSE:JPM for a total holding of 4,883. The trade had a 0.2% impact on the equity portfolio. During the quarter, the stock traded for an average price of $114.76.
On 12/15/2022, JPMorgan Chase & Co traded for a price of $130.1 per share and a market cap of $381.61Bil. The stock has returned -15.09% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, JPMorgan Chase & Co has a price-earnings ratio of 10.99, a price-book ratio of 1.50, a price-earnings-to-growth (PEG) ratio of 1.64 and a price-sales ratio of 3.13.
The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 6.
SPDR Portfolio S&P 500 Growth ETF
During the quarter, Hofer & Associates. Inc bought 3,217 shares of ARCA:SPYG for a total holding of 215,179. The trade had a 0.17% impact on the equity portfolio. During the quarter, the stock traded for an average price of $56.14.
On 12/15/2022, SPDR Portfolio S&P 500 Growth ETF traded for a price of $52.12 per share and a market cap of $13.66Bil. The stock has returned -27.35% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR Portfolio S&P 500 Growth ETF has a price-earnings ratio of 22.79 and a price-book ratio of 6.25.
iShares MSCI EAFE Growth ETF
Hofer & Associates. Inc reduced their investment in BATS:EFG by 1,856 shares. The trade had a 0.16% impact on the equity portfolio. During the quarter, the stock traded for an average price of $81.57.
On 12/15/2022, iShares MSCI EAFE Growth ETF traded for a price of $85.36 per share and a market cap of $9.87Bil. The stock has returned -20.76% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares MSCI EAFE Growth ETF has a price-earnings ratio of 22.26 and a price-book ratio of 3.39.
Schwab US Dividend Equity ETF
During the quarter, Hofer & Associates. Inc bought 2,182 shares of ARCA:SCHD for a total holding of 57,917. The trade had a 0.16% impact on the equity portfolio. During the quarter, the stock traded for an average price of $71.64.
On 12/15/2022, Schwab US Dividend Equity ETF traded for a price of $75.48 per share and a market cap of $43.43Bil. The stock has returned -1.07% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Schwab US Dividend Equity ETF has a price-earnings ratio of 15.28 and a price-book ratio of 3.76.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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