Matrix Asset Advisors Exited its Position in UnitedHealth Group (UNH). Here’s Why

Matrix Asset Advisors, an asset management company, released its Q2 2025 investor letter. A copy of the letter can be downloaded here. The stock market rallied +10.94% in Q2 after falling -4.27% in the first quarter of 2025. Moreover, the market was up +6.20% for the year-to-date through June 30. Matrix’s equity portfolios performed well in both Q2 and for the year-to-date through June 30. The Matrix Dividend Income (MDI) portfolio delivered another strong quarter, while the Large Cap Value (LCV) portfolio, with more technology exposure, fully participated in the market's rebound, ending...