Model Portfolio

StockPointer® US and ADR Equities Model Portfolio Transactions – September 2019

By September 13, 2019 No Comments

StockPointer® US and ADR Equities Model Portfolio Transactions – September 2019

We have rebalanced the Nasdaq Inovestor Global Index based on our US and ADR Model Portfolios, which will be effective on September 20th after market close. Here are the details for the US Model Portfolio:

Ins:

1. Bristol-Myers Squibb Co. (BMY) – Market Trend. Increase in the Healthcare sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.

2. Lamb Weston Holdings Inc. (LW) – Intra-sectoral transaction.

3. Progressive Corp (Ohio) (PGR) – Intra-sectoral transaction.

Outs:

1. Sally Beauty Holdings Inc. (SBH)– Market Trend. Decrease in the Consumer Discretionary sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.

2. Kroger Co. (KR) – Not in the top performers of its sector.

3. Blackstone Group Inc. (BX) – Not in the top performers of its sector.

Here are the details for the International Model Portfolio:

Ins:

1. Brookfield Infrastructure Partners L.P. (BIP) – Market Trend. Increase in the Utilities sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.

Outs:

1. Unilever PLC (UL) – Market Trend. Decrease in the Consumer Staples sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.