Small Texas-Based Capital Management Company Continues Impressive Return
PLANO, TEXAS, USA, July 11, 2019 /EINPresswire.com/ — Parker Prescott Capital Management is pleased to report its Q2 performance of 2019 (cumulative, un-audited) was an average return of 6.16%. The returns were stable but not as high as the previous reporting quarter, which is typical during the Summer trading months.
Additionally, the company continued to increase its cash position with minimal portfolio turnover in order to facilitate long-biased equities trades of well-known brands if the opportunity presents itself.
The company continues to deploy a conservative stock trading strategy that steers away from day-trading to focus more on a long term, dividend producing, low turnover, and low commission fee customer portfolio. The company’s client stock portfolios consist of well-known brands that produce stable and increasing quarterly dividends.
President & CEO, Chris D. Bentley, stated, "Our Q2 performance percentage would have been higher than reported had we not overreached on a couple of equity investments, but we absolutely nailed other ones, so overall we’re happy with the results and our clients are as well."
About the Company:
Parker Prescott Capital Management is a Plano, Texas based independent Registered Investment Advisory firm that has a diversified, value-oriented approach with a focus on both long- and short-term investing opportunities in publicly held companies.
Disclaimer: Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended and/or purchased by adviser), or product made reference to directly or indirectly on this Press Release or Website, or indirectly via link to any unaffiliated third-party Website, will be profitable or equal to corresponding indicated performance levels. Different types of investment involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. No client or prospective client should assume that any information presented and/or made available on this Website serves as the receipt of, or a substitute for, personalized individual advice from the adviser or any other investment professional.
Source: EIN Presswire