HBW Advisory Services portfolio

What changed this quarter

413 positions with a change (22 new, 160 added to, 185 trimmed, 46 sold); also, 3 entered through an IPO. 10 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• First Tr Exchange-traded Fund+218%more sharesIncreased
  2.2% → 7.8%
• Invesco QQQ Trust Series 1 ETF−41%fewer sharesReduced
  3.8% → 2.5%
• J P Morgan Exchange Traded Fund−72%fewer sharesReduced
  2.1% → 0.6%
• Invesco S&P 500 Momentum ETF−34%fewer sharesReduced
  3.8% → 2.6%
• Global X US Infrastructure ETF−62%fewer sharesReduced
  1.5% → 0.6%
• Vaneck ETF Trust−55%fewer sharesReduced
  1.4% → 0.7%
• J P Morgan Exchange Traded Fund−47%fewer sharesReduced
  1.7% → 1.0%
• First Tr Exchange-traded Fund−62%fewer sharesReduced
  1.0% → 0.4%
• Pacer US Cash Cows 100 ETF−34%fewer sharesReduced
  1.5% → 1.2%
• State Street SPDR S&P Aerospace DEF ETF−83%fewer sharesReduced
  0.8% → 0.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• First Tr Exchange-traded FundACYN7.8%
• Vanguard S&P 500 ETFVOO6.1%
• Invesco S&P 500 Momentum ETFSPMO2.6%
• Invesco QQQ Trust Series 1 ETFQQQ2.5%
• First Tr Exchng Traded Fund VIBUFR2.2%
• State Street SPDR P S&P 1500 Comp ETFSPTM1.9%
• Invesco Nasdaq 100 ETFQQQM1.6%
• AlphabetGOOGL · GOOG1.5%
• Schwab US Large-cap Growth ETFSCHG1.5%
• AppleAAPL1.5%
• First Trust RBA American IND ETFAIRR1.5%
• First Trust Rising Dividend ETFRDVY1.5%
• Vaneck ETF TrustSMH1.5%
• MicrosoftMSFT1.3%
• NVIDIANVDA1.3%
• Pacer US Cash Cows 100 ETFCOWZ1.2%
• Capital Group Growth ETFCGGR1.2%
• Amazon.comAMZN1.1%
• J P Morgan Exchange Traded FundJPST1.1%
• State Street Technology Select Sector ETFXLK1.0%
• Pacer Global Cash Cows Divid ETFGCOW1.0%
• Vanguard High DVD Yield ETFVYM1.0%
• J P Morgan Exchange Traded FundJPIE1.0%
• First Tr Exchng Traded Fund VIILDR0.9%
• Schwab US DVD Equity ETFSCHD0.9%
• Pacer Data and Digital REV ETFTRFK0.8%
• Meta PlatformsMETA0.8%
• Vaneck ETF TrustMOAT0.7%
• BroadcomAVGO0.7%
• Capital Group Dividend ValueCGDV0.7%
• J P Morgan Exchange Traded FundJEPI0.6%
• Exchange Traded Concepts TRUNUKZ0.6%
• Pacer US LRG Cap Cows GR LD ETFCOWG0.6%
• First Trust North American E ETFEMLP0.6%
• Invesco Exchange Traded Fund TXLG0.6%
• Global X US Infrastructure ETFPAVE0.6%
• Vanguard Index FundsVTI0.5%
• Neos ETF TrustSPYI0.5%
• State Street SPDR P AGG Bond ETFSPAB0.5%
• First Tr Exchng Traded Fund VIUCON0.5%
• Invesco Exchange Traded Fund TXMMO0.5%
• First Tr Exchange-traded FundACYS0.5%
• TeslaTSLA0.5%
• Reaves Util Income FundUTG0.5%
• Vaneck ETF TrustREMX0.5%
• Listed Funds TrSPRX0.5%
• Capital Group GBL Growth EQTCGGO0.5%
• First Tr Exchng Traded Fund VIGSEP0.4%
• STE Str SPDR PT DW EU ETFSPDW0.4%
• iShares Core S&P 500 ETFIVV0.4%
• Morgan Stanley ETF TrustEVMO0.4%
• Pgim Active High Yield Bond ETFPHYL0.4%
• Franklin International Core ETFDIVI0.4%
• Pgim AAA CLO ETFPAAA0.4%
• State Street Health Care Select Sector ETFXLV0.4%
• First Tr Exchange-traded FundFTCB0.4%
• J P Morgan Exchange Traded FundJEPQ0.4%
• First Tr Exchng Traded Fund VIGJAN0.4%
• Vanguard Extended Market ETFVXF0.4%
• Vanguard Info Tech ETFVGT0.3%
• Fidelity High Dividend ETFFDVV0.3%
• UnitedHealth GroupUNH0.3%
• Innovator U.s. Equity Power ETFPJAN0.3%
• First Trst Nasd CL EDG Sgiif ETFGRID0.3%
• VisaV0.3%
• First Trust Smid Cap Rising ETFSDVY0.3%
• ChevronCVX0.3%
• First Tr Exchng Traded Fund VIFIXD0.3%
• Listed Funds TrSEPQ0.3%
• Global X MLP & Energy Infras ETFMLPX0.3%
• JPMorgan ChaseJPM0.3%
• ServiceNowNOW0.3%
• Spdr Index SHS FundsSPEM0.3%
• At&tT0.3%
• GE VernovaGEV0.3%
• Lyondellbasell IndustriesLYB0.3%
• Innovator Etfs TrustBALT0.3%
• MerckMRK0.3%
• Berkshire HathawayBRK/B0.3%
• Taiwan Semiconductor ManufacturingTSM0.3%
• SalesforceCRM0.3%
• Micron TechnologyMU0.3%
• J P Morgan Exchange Traded FundJIRE0.3%
• PepsicoPEP0.2%
• CitigroupC0.2%
• Altria GroupMO0.2%
• Vanguard Int High DVD YLD In ETFVYMI0.2%
• American Centy ETF TrAVUS0.2%
• Invesco S&P International De ETFIDMO0.2%
• Capital Group Core BalancedCGBL0.2%
• CaterpillarCAT0.2%
• Eli LillyLLY0.2%
• State Str Spdr S&P 500 ETF TSPY0.2%
• American Electric PowerAEP0.2%
• Vanguard Total International Stock ETFVXUS0.2%
• State Street Financial Select Sector ETFXLF0.2%
• State Street SPDR P S&P 500 Growth ETFSPYG0.2%
• Verizon CommunicationsVZ0.2%
• Valued Advisers Tr0.2%