FMAY β€” FIRST TR EXCHNG TRADED FD VI

Ownership history in Keystone Wealth Services, LLC  Β·  14 quarters on record

This page tracks every 13F SEC filing in which Keystone Wealth Services, LLC reported a position in FIRST TR EXCHNG TRADED FD VI (FMAY). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.41% (2023 Q3)
πŸ“Š Avg. % of fund
1.61%
πŸ“… First filed
2022 Q2
πŸ“… Last filed
2025 Q3
⏱ Quarters held
14

Position Intelligence

Keystone Wealth Services, LLC Γ— FMAY AI Analytics

πŸ“‰ Keystone Wealth Services, LLC underperformed the S&P 500 by –6.6% annually on this FMAY position. Timing score: 36% (4/11 decisions correct). Average cost basis: $39.84. Maximum drawdown during holding period: –3.3%.

πŸ“ˆ Position Alpha vs SPY
-6.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 6.6% ann.
13 quarters analyzed

⏱️ Timing Score
36%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
4 of 11 add/trim decisions correct

πŸ’° Entry Quality
$39.84
+31.1% vs current ($52.25)

Best entry: $34.37 (2022 Q2)  Β·  Worst: $50.03 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–3.3%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
42%
buy-side decisions

5 adds Β· 7 trims. Bought during 1 of 3 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 2.03% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FMAY price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 177,793 -676 -0.4% 2.03% $9.3M $52.25
2025 Q2 ADDED 178,469 +16,457 +10.2% 2.15% $8.9M $50.03
2025 Q1 REDUCED 162,012 -527 -0.3% 2.03% $7.5M $46.18
2024 Q4 REDUCED 162,539 -1,750 -1.1% 2.04% $7.7M $47.43
2024 Q3 REDUCED 164,289 -320 -0.2% 2.11% $7.6M $46.51
2024 Q2 ADDED 164,609 +5,906 +3.7% 2.29% $7.3M $44.65
2024 Q1 REDUCED 158,703 -8 -0.0% 2.23% $6.9M $43.22
2023 Q4 REDUCED 158,711 -6,850 -4.1% 2.25% $6.6M $41.44
2023 Q3 ADDED 165,561 +779 +0.5% 2.41% $6.3M $38.30
2023 Q2 ADDED 164,782 +154,820 +1554.1% 2.40% $6.4M $38.97
4 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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