Provident Wealth Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Long-Term Bond ETF
BLV
|
+$2.49M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.15M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$1.45M |
| 4 |
First Trust Cloud Computing ETF
SKYY
|
+$947K |
| 5 |
Vanguard S&P 500 Value ETF
VOOV
|
+$740K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$3.65M |
| 2 |
iShares Morningstar Small-Cap Growth ETF
ISCG
|
+$3.52M |
| 3 |
First Trust US Equity Opportunities ETF
FPX
|
+$2.27M |
| 4 |
Invesco Taxable Municipal Bond ETF
BAB
|
+$1.84M |
| 5 |
Invesco S&P SmallCap Low Volatility ETF
XSLV
|
+$1.65M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.82% |
| 2 | Industrials | 1.32% |
| 3 | Consumer Discretionary | 1.07% |
| 4 | Technology | 0.92% |
| 5 | Consumer Staples | 0.65% |
Similar funds
Provident Wealth Management's Q2 2020 Portfolio in Review
As of Q2 2020, Provident Wealth Management held 79 positions worth $90.8M, up 11% from $81.9M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Provident Wealth Management withdrew a net $5.85M in Q2 2020, closing 10 positions and reducing 25 holdings. Its most notable exit was First Trust US Equity Opportunities ETF, an estimated $2.27M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 95% of assets, down from 95% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Provident Wealth Management opened a new position in Vanguard Long-Term Bond ETF worth $2.55M.
- Provident Wealth Management's largest Q2 2020 buy was Vanguard Long-Term Bond ETF: 22,833 shares worth $2.55M.
- Provident Wealth Management added most to iShares Russell 2000 Growth ETF in Q2 2020, an estimated $1.45M increase.
- Provident Wealth Management's biggest Q2 2020 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $3.65M.
- Provident Wealth Management fully exited First Trust US Equity Opportunities ETF in Q2 2020, selling an estimated $2.27M.
- Provident Wealth Management's ten largest holdings make up 67% of its $90.8M portfolio in Q2 2020.
- Provident Wealth Management opened 28 new positions and closed 10 in Q2 2020.
- Provident Wealth Management's portfolio value rose 11% quarter-over-quarter to $90.8M.
Based on Provident Wealth Management's 13F filing for Q2 2020, filed 20 Jul 2020.