FMA Wealth Management, LLC

Key Holdings

The portfolio is dominated by large-cap ETFs focused on specific factors and international exposure. The top three positions are:

1. VEA (Vanguard Tax-Managed International Fund) - $16.26M (10.54%): This is the largest holding, representing a significant bet on international developed markets. Its tax-efficient nature suggests a focus on after-tax returns for clients.
2. JCPB (J.P. Morgan ETF) - $14.63M (9.48%): A substantial allocation to this specific J.P. Morgan fund (likely a bond or income fund based on the firm's typical product naming) indicates a focus on yield or capital preservation.
3. IWF (iShares Russell 1000 Growth) - $12.95M (8.39%): This provides exposure to U.S. large-cap growth companies.