Aspen Investment Management Inc recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
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As of the latest 13F report, the guru’s equity portfolio contained 137 stocks valued at a total of $160.00Mil. The top holdings were SPY(4.87%), BSCN(3.64%), and FTSL(3.30%).
According to GuruFocus data, these were Aspen Investment Management Inc’s top five trades of the quarter.
Utilities Select Sector SPDR ETF
The guru established a new position worth 19,548 shares in ARCA:XLU, giving the stock a 0.86% weight in the equity portfolio. Shares traded for an average price of $71.92 during the quarter.
On 08/15/2022, Utilities Select Sector SPDR ETF traded for a price of $77.36 per share and a market cap of $17.64Bil. The stock has returned 16.07% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Utilities Select Sector SPDR ETF has a price-earnings ratio of 25.82 and a price-book ratio of 2.43.
Invesco S&P 500 Equal Weight ETF
Aspen Investment Management Inc reduced their investment in ARCA:RSP by 8,061 shares. The trade had a 0.67% impact on the equity portfolio. During the quarter, the stock traded for an average price of $145.8.
On 08/15/2022, Invesco S&P 500 Equal Weight ETF traded for a price of $151.95 per share and a market cap of $33.26Bil. The stock has returned -0.58% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Invesco S&P 500 Equal Weight ETF has a price-earnings ratio of 17.54 and a price-book ratio of 2.82.
Fifth Third Bancorp
Aspen Investment Management Inc reduced their investment in NAS:FITB by 29,432 shares. The trade had a 0.67% impact on the equity portfolio. During the quarter, the stock traded for an average price of $37.66.
On 08/15/2022, Fifth Third Bancorp traded for a price of $37.23 per share and a market cap of $25.55Bil. The stock has returned -0.13% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Fifth Third Bancorp has a price-earnings ratio of 11.25, a price-book ratio of 1.53, a price-earnings-to-growth (PEG) ratio of 1.21 and a price-sales ratio of 3.40.
The price-to-GF Value ratio is 1.05, earning the stock a GF Value rank of 5.
S&P MidCap 400 ETF
The guru sold out of their 2,448-share investment in ARCA:MDY. Previously, the stock had a 0.63% weight in the equity portfolio. Shares traded for an average price of $450.77 during the quarter.
On 08/15/2022, S&P MidCap 400 ETF traded for a price of $478.05 per share and a market cap of $19.37Bil. The stock has returned -2.92% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, S&P MidCap 400 ETF has a price-earnings ratio of 12.40 and a price-book ratio of 2.05.
Target Corp
The guru sold out of their 5,061-share investment in NYSE:TGT. Previously, the stock had a 0.56% weight in the equity portfolio. Shares traded for an average price of $192.05 during the quarter.
On 08/15/2022, Target Corp traded for a price of $173.39 per share and a market cap of $80.40Bil. The stock has returned -32.33% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Target Corp has a price-earnings ratio of 14.37, a price-book ratio of 7.46, a price-earnings-to-growth (PEG) ratio of 1.03, a EV-to-Ebitda ratio of 9.06 and a price-sales ratio of 0.77.
The price-to-GF Value ratio is 0.78, earning the stock a GF Value rank of 10.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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