Strive U.S. Semiconductor ETF (NYSE:SHOC – Get Free Report) shares shot up 1.3% during trading on Friday . The company traded as high as $105.52 and last traded at $104.87. Approximately 2,284 shares were traded during trading, a decline of 87% from the average session volume of 17,564 shares. The stock had previously closed at $103.57.
Strive U.S. Semiconductor ETF Stock Performance
The stock has a market capitalization of $234.91 million, a price-to-earnings ratio of 41.80 and a beta of 1.95. The business has a 50-day moving average of $105.63 and a 200-day moving average of $98.46.
Hedge Funds Weigh In On Strive U.S. Semiconductor ETF
A number of institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in Strive U.S. Semiconductor ETF by 76,632.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,970 shares of the company’s stock worth $2,949,000 after purchasing an additional 42,914 shares during the last quarter. Demars Financial Group LLC raised its holdings in shares of Strive U.S. Semiconductor ETF by 89.1% in the first quarter. Demars Financial Group LLC now owns 27,360 shares of the company’s stock valued at $1,971,000 after buying an additional 12,894 shares during the last quarter. Birch Financial Group LLC boosted its stake in shares of Strive U.S. Semiconductor ETF by 9.9% during the first quarter. Birch Financial Group LLC now owns 11,250 shares of the company’s stock worth $810,000 after buying an additional 1,014 shares during the period. Kingdom Financial Group LLC. purchased a new position in shares of Strive U.S. Semiconductor ETF during the fourth quarter worth about $43,000. Finally, Corient Private Wealth LP acquired a new position in Strive U.S. Semiconductor ETF in the 2nd quarter valued at about $277,000.
About Strive U.S. Semiconductor ETF
The Strive U.S. Semiconductor ETF (SHOC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the 30 largest semiconductor companies in the US equity market. SHOC was launched on Oct 6, 2022 and is managed by Strive.
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