Strive U.S. Semiconductor ETF (NYSEARCA:SHOC – Get Free Report) shares traded down 0.4% during trading on Friday . The stock traded as low as $103.89 and last traded at $104.35. 7,142 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 18,551 shares. The stock had previously closed at $104.77.
Strive U.S. Semiconductor ETF Price Performance
The company has a market capitalization of $233.74 million, a P/E ratio of 41.80 and a beta of 1.96. The stock’s fifty day simple moving average is $109.63 and its 200-day simple moving average is $95.54.
Institutional Trading of Strive U.S. Semiconductor ETF
Several hedge funds have recently added to or reduced their stakes in SHOC. Kingdom Financial Group LLC. acquired a new stake in Strive U.S. Semiconductor ETF in the 4th quarter valued at approximately $43,000. Royal Bank of Canada lifted its holdings in shares of Strive U.S. Semiconductor ETF by 48.3% during the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $105,000 after buying an additional 500 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Strive U.S. Semiconductor ETF in the third quarter valued at approximately $137,000. CIBC Private Wealth Group LLC boosted its position in shares of Strive U.S. Semiconductor ETF by 9,465.2% in the third quarter. CIBC Private Wealth Group LLC now owns 2,200 shares of the company’s stock valued at $137,000 after acquiring an additional 2,177 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Strive U.S. Semiconductor ETF in the second quarter worth $222,000.
Strive U.S. Semiconductor ETF Company Profile
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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