HighTower Advisors LLC Makes New $325,000 Investment in Strive U.S. Semiconductor ETF (NYSEARCA:SHOC)

HighTower Advisors LLC purchased a new position in Strive U.S. Semiconductor ETF (NYSEARCA:SHOC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,070 shares of the company’s stock, valued at approximately $325,000.

Several other large investors also recently made changes to their positions in SHOC. Spire Wealth Management bought a new position in shares of Strive U.S. Semiconductor ETF in the 4th quarter valued at approximately $165,000. Jane Street Group LLC bought a new stake in Strive U.S. Semiconductor ETF during the third quarter worth approximately $250,000. Brookstone Capital Management grew its holdings in 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. Finally, Holistic Planning LLC bought a new position in shares of Strive U.S. Semiconductor ETF in the fourth quarter valued at approximately $521,000.

Strive U.S. Semiconductor ETF Trading Up 0.4 %

Shares of Strive U.S. Semiconductor ETF stock opened at $39.87 on Wednesday. The firm has a fifty day simple moving average of $44.66 and a 200-day simple moving average of $45.95. The stock has a market capitalization of $69.77 million, a price-to-earnings ratio of 32.40 and a beta of 1.62. Strive U.S. Semiconductor ETF has a 1-year low of $38.50 and a 1-year high of $54.67.

Strive U.S. Semiconductor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were given a dividend of $0.0298 per share. The ex-dividend date of this dividend was Friday, March 28th.

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.