Spire Wealth Management Takes $165,000 Position in Strive U.S. Semiconductor ETF (NYSEARCA:SHOC)

Spire Wealth Management bought a new stake in shares of Strive U.S. Semiconductor ETF (NYSEARCA:SHOC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,600 shares of the company’s stock, valued at approximately $165,000.

Separately, Brookstone Capital Management lifted its holdings in shares of Strive U.S. Semiconductor ETF by 14.7% during the fourth quarter. Brookstone Capital Management now owns 9,946 shares of the company’s stock valued at $457,000 after purchasing an additional 1,272 shares during the last quarter.

Strive U.S. Semiconductor ETF Stock Down 1.3 %

Shares of NYSEARCA SHOC opened at $46.35 on Friday. Strive U.S. Semiconductor ETF has a 12 month low of $38.88 and a 12 month high of $54.67. The company has a market cap of $66.28 million, a price-to-earnings ratio of 33.24 and a beta of 1.87. The business has a fifty day simple moving average of $46.83 and a 200-day simple moving average of $46.23.

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.