Iowa State Bank recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
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.
2301 128TH STREET URBANDALE, IA 50323-1818
As of the latest 13F report, the guru’s equity portfolio contained 111 stocks valued at a total of $392.00Mil. The top holdings were IJH(4.33%), PGX(3.82%), and UPS(3.82%).
According to GuruFocus data, these were Iowa State Bank’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
During the quarter, Iowa State Bank bought 3,410 shares of ARCA:SPY for a total holding of 12,979. The trade had a 0.35% impact on the equity portfolio. During the quarter, the stock traded for an average price of $395.76.
On 01/06/2023, S&P 500 ETF TRUST ETF traded for a price of $388.08 per share and a market cap of $361.49Bil. The stock has returned -15.77% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.66, a price-book ratio of 3.92, a price-earnings-to-growth (PEG) ratio of 2.47, a EV-to-Ebitda ratio of 14.61 and a price-sales ratio of 2.73.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Principal Financial Group Inc
Iowa State Bank reduced their investment in NAS:PFG by 17,411 shares. The trade had a 0.31% impact on the equity portfolio. During the quarter, the stock traded for an average price of $71.83.
On 01/06/2023, Principal Financial Group Inc traded for a price of $87.46 per share and a market cap of $21.40Bil. The stock has returned 19.99% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Principal Financial Group Inc has a price-earnings ratio of 4.24, a price-book ratio of 2.27 and a price-sales ratio of 1.22.
The price-to-GF Value ratio is 1.45, earning the stock a GF Value rank of 1.
iShares iBonds Dec 2029 Term Corporate ETF
The guru sold out of their 48,321-share investment in ARCA:IBDU. Previously, the stock had a 0.3% weight in the equity portfolio. Shares traded for an average price of $22.77 during the quarter.
On 01/06/2023, iShares iBonds Dec 2029 Term Corporate ETF traded for a price of $22.62 per share and a market cap of $326.86Mil. The stock has returned -10.20% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
EOG Resources Inc
During the quarter, Iowa State Bank bought 8,458 shares of NYSE:EOG for a total holding of 28,531. The trade had a 0.27% impact on the equity portfolio. During the quarter, the stock traded for an average price of $112.22.
On 01/06/2023, EOG Resources Inc traded for a price of $127.47 per share and a market cap of $74.87Bil. The stock has returned 36.59% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, EOG Resources Inc has a price-earnings ratio of 10.01, a price-book ratio of 3.14, a price-earnings-to-growth (PEG) ratio of 0.57, a EV-to-Ebitda ratio of 5.47 and a price-sales ratio of 2.57.
The price-to-GF Value ratio is 1.35, earning the stock a GF Value rank of 1.
Invesco BulletShares 2027 Corporate Bond ETF
Iowa State Bank reduced their investment in NAS:BSCR by 46,009 shares. The trade had a 0.24% impact on the equity portfolio. During the quarter, the stock traded for an average price of $19.33.
On 01/06/2023, Invesco BulletShares 2027 Corporate Bond ETF traded for a price of $19.24 per share and a market cap of $707.25Mil. The stock has returned -7.43% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
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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