Miracle Mile Advisors, LLC 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.
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As of the latest 13F report, the guru’s equity portfolio contained 507 stocks valued at a total of $2.91Bil. The top holdings were GBIL(4.43%), QQQ(3.89%), and IVW(2.93%).
According to GuruFocus data, these were Miracle Mile Advisors, LLC’s top five trades of the quarter.
iShares Currency Hedged MSCI EAFE ETF
Miracle Mile Advisors, LLC reduced their investment in BATS:HEFA by 2,283,233 shares. The trade had a 3.19% impact on the equity portfolio. During the quarter, the stock traded for an average price of $26.74.
On 01/20/2023, iShares Currency Hedged MSCI EAFE ETF traded for a price of $28.7 per share and a market cap of $3.04Bil. The stock has returned 2.83% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Currency Hedged MSCI EAFE ETF has a price-earnings ratio of 13.07 and a price-book ratio of 1.60.
Schwab International Equity ETF
During the quarter, Miracle Mile Advisors, LLC bought 1,626,007 shares of ARCA:SCHF for a total holding of 1,720,139. The trade had a 1.8% impact on the equity portfolio. During the quarter, the stock traded for an average price of $30.8.
On 01/20/2023, Schwab International Equity ETF traded for a price of $34.64 per share and a market cap of $30.49Bil. The stock has returned -7.00% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Schwab International Equity ETF has a price-earnings ratio of 12.66 and a price-book ratio of 1.53.
SPDR Gold MiniShares Trust
The guru established a new position worth 1,245,928 shares in ARCA:GLDM, giving the stock a 1.55% weight in the equity portfolio. Shares traded for an average price of $34.36 during the quarter.
On 01/20/2023, SPDR Gold MiniShares Trust traded for a price of $38.2355 per share and a market cap of $5.70Bil. The stock has returned 4.60% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
Miracle Mile Advisors, LLC reduced their investment in ARCA:AGGY by 776,909 shares. The trade had a 1.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $42.27.
On 01/20/2023, WisdomTree Yield Enhanced U.S. Aggregate Bond Fund traded for a price of $44.08 per share and a market cap of $877.19Mil. The stock has returned -10.23% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
First Trust NASDAQ Technology Dividend Index Fund
Miracle Mile Advisors, LLC reduced their investment in NAS:TDIV by 720,588 shares. The trade had a 1.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $47.29.
On 01/20/2023, First Trust NASDAQ Technology Dividend Index Fund traded for a price of $50.1 per share and a market cap of $1.58Bil. The stock has returned -13.87% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, First Trust NASDAQ Technology Dividend Index Fund has a price-earnings ratio of 18.82 and a price-book ratio of 3.40.
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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