Northwestern Mutual Wealth Management Co. Acquires 42,914 Shares of Strive U.S. Semiconductor ETF $SHOC

Northwestern Mutual Wealth Management Co. raised its holdings in Strive U.S. Semiconductor ETF (NYSEARCA:SHOC) by 76,632.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,970 shares of the company’s stock after buying an additional 42,914 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Strive U.S. Semiconductor ETF were worth $2,949,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SHOC. Jane Street Group LLC bought a new stake in Strive U.S. Semiconductor ETF in the 2nd quarter valued at $222,000. Orion Porfolio Solutions LLC increased its holdings in Strive U.S. Semiconductor ETF by 95.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 16,662 shares of the company’s stock valued at $885,000 after buying an additional 8,149 shares during the period. JPMorgan Chase & Co. bought a new stake in Strive U.S. Semiconductor ETF in the 3rd quarter valued at $137,000. Susquehanna International Group LLP bought a new stake in Strive U.S. Semiconductor ETF in the 3rd quarter valued at $269,000. Finally, CIBC Private Wealth Group LLC increased its holdings in Strive U.S. Semiconductor ETF by 9,465.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,200 shares of the company’s stock valued at $137,000 after buying an additional 2,177 shares during the period.

Strive U.S. Semiconductor ETF Price Performance

Shares of Strive U.S. Semiconductor ETF stock opened at $107.66 on Tuesday. The firm has a market capitalization of $237.93 million, a PE ratio of 41.80 and a beta of 1.91. The company’s fifty day moving average price is $88.14 and its two-hundred day moving average price is $77.65. Strive U.S. Semiconductor ETF has a 52-week low of $44.75 and a 52-week high of $109.36.

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.