Strive U.S. Semiconductor ETF $SHOC Stock Position Raised by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC boosted its holdings in Strive U.S. Semiconductor ETF (NYSEARCA:SHOC) by 95.7% during the second quarter, HoldingsChannel.com reports. The fund owned 16,662 shares of the company’s stock after acquiring an additional 8,149 shares during the period. Orion Porfolio Solutions LLC’s holdings in Strive U.S. Semiconductor ETF were worth $885,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in shares of Strive U.S. Semiconductor ETF during the second quarter valued at approximately $222,000. Cetera Investment Advisers boosted its position in Strive U.S. Semiconductor ETF by 169.4% during the 2nd quarter. Cetera Investment Advisers now owns 24,063 shares of the company’s stock valued at $1,278,000 after purchasing an additional 15,130 shares during the period. GWN Securities Inc. grew its stake in Strive U.S. Semiconductor ETF by 1.7% during the 2nd quarter. GWN Securities Inc. now owns 14,756 shares of the company’s stock worth $784,000 after buying an additional 249 shares during the last quarter. Brookstone Capital Management grew its stake in Strive U.S. Semiconductor ETF by 20.7% during the 2nd quarter. Brookstone Capital Management now owns 17,684 shares of the company’s stock worth $940,000 after buying an additional 3,036 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in Strive U.S. Semiconductor ETF by 49.5% in the second quarter. Harbour Investments Inc. now owns 5,504 shares of the company’s stock worth $292,000 after buying an additional 1,823 shares during the period.

Strive U.S. Semiconductor ETF Stock Performance

SHOC stock opened at $69.40 on Wednesday. Strive U.S. Semiconductor ETF has a 1 year low of $31.89 and a 1 year high of $72.40. The stock has a market capitalization of $137.41 million, a price-to-earnings ratio of 41.80 and a beta of 1.74. The stock’s fifty day moving average is $67.51 and its two-hundred day moving average is $60.41.

Strive U.S. Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were paid a dividend of $0.0317 per share. This represents a $0.13 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, December 11th.

Strive U.S. Semiconductor ETF 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.