Archer Investment Corp Buys Lockheed Martin Corp, Bristol-Myers Squibb Company, Laboratory Corp of America Holdings, Sells Invesco BuyBack Achievers ETF, iShares iBoxx $ High Yield Corporate Bond, SPDR S&P 500

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May 19, 2020
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Investment company Archer Investment Corp (Current Portfolio) buys Lockheed Martin Corp, Bristol-Myers Squibb Company, Laboratory Corp of America Holdings, iShares National Muni Bond, Amazon.com Inc, sells Invesco BuyBack Achievers ETF, iShares iBoxx $ High Yield Corporate Bond, SPDR S&P 500, Invesco S&P 500 Equal Weight, The Home Depot Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Archer Investment Corp. As of 2020Q1, Archer Investment Corp owns 573 stocks with a total value of $134 million. These are the details of the buys and sells.

For the details of Archer Investment Corp's stock buys and sells, go to https://www.gurufocus.com/guru/archer+investment+corp/current-portfolio/portfolio

These are the top 5 holdings of Archer Investment Corp
  1. JPMorgan Ultra-Short Income (JPST) - 208,893 shares, 7.73% of the total portfolio. Shares added by 3.41%
  2. First Trust Capital Strength ETF (FTCS) - 201,694 shares, 7.47% of the total portfolio. Shares added by 10.22%
  3. First Trust Preferred Securities and Income ETF (FPE) - 355,634 shares, 4.34% of the total portfolio. Shares added by 8.99%
  4. iShares Floating Rate Bond (FLOT) - 99,902 shares, 3.63% of the total portfolio. Shares added by 3.74%
  5. Apple Inc (AAPL) - 13,722 shares, 2.60% of the total portfolio. Shares added by 2.76%
New Purchase: Laboratory Corp of America Holdings (LH)

Archer Investment Corp initiated holding in Laboratory Corp of America Holdings. The purchase prices were between $104.32 and $195.28, with an estimated average price of $168.3. The stock is now traded at around $167.16. The impact to a portfolio due to this purchase was 0.44%. The holding were 4,690 shares as of .

New Purchase: iShares National Muni Bond (MUB)

Archer Investment Corp initiated holding in iShares National Muni Bond. The purchase prices were between $101.52 and $117.61, with an estimated average price of $114.37. The stock is now traded at around $113.63. The impact to a portfolio due to this purchase was 0.42%. The holding were 5,000 shares as of .

New Purchase: Total SA (TOT)

Archer Investment Corp initiated holding in Total SA. The purchase prices were between $24.76 and $56.51, with an estimated average price of $45.33. The stock is now traded at around $35.83. The impact to a portfolio due to this purchase was 0.32%. The holding were 11,400 shares as of .

New Purchase: Zoom Video Communications Inc (ZM)

Archer Investment Corp initiated holding in Zoom Video Communications Inc. The purchase prices were between $67.28 and $159.56, with an estimated average price of $97.73. The stock is now traded at around $171.09. The impact to a portfolio due to this purchase was 0.31%. The holding were 2,880 shares as of .

New Purchase: Guardant Health Inc (GH)

Archer Investment Corp initiated holding in Guardant Health Inc. The purchase prices were between $59.04 and $88.81, with an estimated average price of $77. The stock is now traded at around $97.04. The impact to a portfolio due to this purchase was 0.29%. The holding were 5,560 shares as of .

New Purchase: Adobe Inc (ADBE)

Archer Investment Corp initiated holding in Adobe Inc. The purchase prices were between $285 and $383.28, with an estimated average price of $342.56. The stock is now traded at around $373.30. The impact to a portfolio due to this purchase was 0.21%. The holding were 880 shares as of .

Added: Lockheed Martin Corp (LMT)

Archer Investment Corp added to a holding in Lockheed Martin Corp by 71.89%. The purchase prices were between $276.8 and $439.85, with an estimated average price of $394.42. The stock is now traded at around $379.07. The impact to a portfolio due to this purchase was 0.6%. The holding were 5,650 shares as of .

Added: Bristol-Myers Squibb Company (BMY)

Archer Investment Corp added to a holding in Bristol-Myers Squibb Company by 359.24%. The purchase prices were between $46.4 and $67.43, with an estimated average price of $61.34. The stock is now traded at around $62.69. The impact to a portfolio due to this purchase was 0.56%. The holding were 17,350 shares as of .

Added: Amazon.com Inc (AMZN)

Archer Investment Corp added to a holding in Amazon.com Inc by 60.16%. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2478.00. The impact to a portfolio due to this purchase was 0.33%. The holding were 607 shares as of .

Added: Chevron Corp (CVX)

Archer Investment Corp added to a holding in Chevron Corp by 48.95%. The purchase prices were between $54.22 and $121.43, with an estimated average price of $99.58. The stock is now traded at around $90.74. The impact to a portfolio due to this purchase was 0.33%. The holding were 18,510 shares as of .

Added: Phillips 66 (PSX)

Archer Investment Corp added to a holding in Phillips 66 by 214.02%. The purchase prices were between $42.09 and $112.2, with an estimated average price of $82.3. The stock is now traded at around $75.82. The impact to a portfolio due to this purchase was 0.29%. The holding were 17,990 shares as of .

Added: Exxon Mobil Corp (XOM)

Archer Investment Corp added to a holding in Exxon Mobil Corp by 123.32%. The purchase prices were between $31.45 and $70.9, with an estimated average price of $55.73. The stock is now traded at around $44.37. The impact to a portfolio due to this purchase was 0.27%. The holding were 17,493 shares as of .

Sold Out: The Home Depot Inc (HD)

Archer Investment Corp sold out a holding in The Home Depot Inc. The sale prices were between $152.15 and $247.02, with an estimated average price of $220.09.

Sold Out: Medtronic PLC (MDT)

Archer Investment Corp sold out a holding in Medtronic PLC. The sale prices were between $72.92 and $121.3, with an estimated average price of $106.86.

Sold Out: Unum Group (UNM)

Archer Investment Corp sold out a holding in Unum Group. The sale prices were between $10.38 and $30.21, with an estimated average price of $24.31.

Sold Out: H&R Block Inc (HRB)

Archer Investment Corp sold out a holding in H&R Block Inc. The sale prices were between $12.38 and $24.97, with an estimated average price of $21.06.

Sold Out: MasTec Inc (MTZ)

Archer Investment Corp sold out a holding in MasTec Inc. The sale prices were between $23.36 and $64.34, with an estimated average price of $51.42.

Sold Out: adidas AG (ADDYY)

Archer Investment Corp sold out a holding in adidas AG. The sale prices were between $90.09 and $176.26, with an estimated average price of $145.33.



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