Demars Financial Group LLC Increases Stock Position in Strive U.S. Semiconductor ETF $SHOC

Demars Financial Group LLC grew its holdings in shares of Strive U.S. Semiconductor ETF (NYSEARCA:SHOC) by 89.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,360 shares of the company’s stock after purchasing an additional 12,894 shares during the period. Strive U.S. Semiconductor ETF makes up about 0.6% of Demars Financial Group LLC’s holdings, making the stock its 20th biggest position. Demars Financial Group LLC owned approximately 1.24% of Strive U.S. Semiconductor ETF worth $1,971,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SHOC. Northwestern Mutual Wealth Management Co. boosted its position in shares of Strive U.S. Semiconductor ETF by 76,632.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 42,970 shares of the company’s stock worth $2,949,000 after purchasing an additional 42,914 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of Strive U.S. Semiconductor ETF by 78.7% in the third quarter. Orion Porfolio Solutions LLC now owns 29,780 shares of the company’s stock valued at $1,860,000 after purchasing an additional 13,118 shares during the period. Jaffetilchin Investment Partners LLC purchased a new stake in Strive U.S. Semiconductor ETF during the fourth quarter worth about $301,000. Susquehanna International Group LLP purchased a new stake in Strive U.S. Semiconductor ETF during the third quarter worth about $269,000. Finally, Jane Street Group LLC acquired a new position in Strive U.S. Semiconductor ETF during the second quarter worth about $222,000.

Strive U.S. Semiconductor ETF Trading Up 2.8%

SHOC stock opened at $109.48 on Thursday. The firm has a 50 day moving average of $110.32 and a 200-day moving average of $88.21. The company has a market cap of $249.61 million, a price-to-earnings ratio of 41.80 and a beta of 1.91. Strive U.S. Semiconductor ETF has a 12-month low of $53.44 and a 12-month high of $124.68.

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.