Shoker Investment Counsel, Inc. Diversifies Holdings in Q3 2022 vs. Q4 2022

Shoker Investment Counsel, Inc. made significant changes in its portfolio between Q3 2022 and Q4 2022, according to the latest 13F filings. The firm, which specializes in growth stocks, increased its holdings in several companies, while also diversifying its portfolio by investing in new companies.

In this blog post, we will take a closer look at the changes made by Shoker Investment Counsel, Inc. in Q3 2022 vs. Q4 2022, and the reasons behind these moves. We will also analyze the performance of some of the stocks in which the firm has invested and provide insights into what it could mean for investors.

Changes in Holdings

Shoker Investment Counsel, Inc. increased its holdings in 11 companies, with the biggest changes made to Ishares TR - IJR, Ishares TR - IEFA, and Procter and Gamble Co - PG. The firm increased its holdings in IJR from 201,837 shares in Q3 2022 to 241,887 shares in Q4 2022, a 20% increase. The firm also increased its holdings in IEFA from 182,436 shares to 285,131 shares, an impressive 56% increase. Its holdings in PG also increased, from 84,527 shares to 83,967 shares, a modest 0.7% increase.

Shoker Investment Counsel, Inc. also diversified its portfolio by investing in several new companies, including Shell PLC - SHEL, Kimberly-Clark Corp - KMB, and Waste Management Inc Del - WM. The firm invested in 15,595 shares of SHEL, 15,571 shares of KMB, and 3,058 shares of WM. The firm also increased its holdings in Exxon Mobil Corp - XOM and Chevron Corp New - CVX by 3% and 22%, respectively.

Reasons Behind Changes

The changes in Shoker Investment Counsel, Inc.'s portfolio suggest that the firm is bullish on the energy and consumer goods sectors. The firm's increased holdings in IJR and IEFA suggest that Shoker Investment Counsel, Inc. believes in the long-term growth potential of these companies, which could benefit from the improving global economy.

Additionally, the investment in PG indicates that Shoker Investment Counsel, Inc. is looking to invest in stable and high-quality companies that have a long history of generating strong earnings and cash flows. It's evident that the investment in SHEL, KMB, and WM reflects the firm's strategy of investing in companies that are likely to benefit from economic reopening, as consumers and businesses return to normal.

Performance of Stocks

The stocks in which Shoker Investment Counsel, Inc. has increased its holdings have performed well in the past year. IJR, IEFA, and PG have returned 49%, 43%, and 12%, respectively. The energy stocks, XOM and CVX, have also delivered strong returns of 44% and 23%, respectively. While SHEL, KMB, and WM have generated returns of 6%, 21%, and 10%, respectively, since their investments.

Conclusion

Shoker Investment Counsel, Inc.'s Q3 2022 vs. Q4 2022 13F filings suggest that the firm is taking a stronger stance in the energy and consumer goods sectors, while also diversifying its portfolio by investing in new companies. Its investment in stable and quality companies indicates a focus on long-term growth potential. The past year's performance of the stocks in which the firm has increased its holdings may give investors confidence to follow this fund as it navigates its way through a volatile market.