Summary
SHOC: More Aggressive And Concentrated Chip ETF With Upside Ahead
Strive US Semiconductor ETF is rated Buy, offering concentrated exposure to top semiconductor names amid the ongoing AI-driven data center buildout. SHOC's portfolio shows a weighted average price target upside of 21% and an EPS growth forecast of 53% for 2027, with a PEG ratio of 0.76x. Weight caps will reduce NVDA's allocation in September, while Micron Technology is likely to rise; TSM is notably absent from the ETF.
Should You Invest in the Strive U.S. Semiconductor ETF (SHOC)?
If you're interested in broad exposure to the Technology - Semiconductors segment of the equity market, look no further than the Strive U.S. Semiconductor ETF (SHOC), a passively managed exchange traded fund launched on October 6, 2022.
Should You Invest in the Strive U.S. Semiconductor ETF (SHOC)?
If you're interested in broad exposure to the Technology - Semiconductors segment of the equity market, look no further than the Strive U.S. Semiconductor ETF (SHOC), a passively managed exchange traded fund launched on October 6, 2022.
SHOC US Semiconductor Equity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,621 | $322,354.28 | $697,125.09 | $374,770.81 | 116.26% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 14,414 | $596,920.79 | $1.52M | $920,729.27 | 154.25% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 50 | $3,601 | $5,175.5 | $1,574.5 | 43.72% |
| BP Brett Pohl Kingdom Financial Group LLC | 619 | $42,452.34 | $66,310.37 | $23,858.03 | 56.2% |
| CAD Chelsea A. Delgado Main Street Group Ltd. | 180 | $21,958 | $19,317.6 | -$2,640.4 | -12.02% |
SHOC US Semiconductor Equity ETF (SHOC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SHOC US Semiconductor Equity ETF ever had a stock split?
SHOC US Semiconductor Equity ETF Profile
| NYSE Exchange | US Country |
Overview
The organization in question operates a unique financial instrument, part of a select group within a larger float-adjusted capitalization-weighted index. This index specifically encompasses a vast portion of the marketplace, aiming to represent roughly 99% of the U.S. equity market's free-float capitalization. The firm's primary focus is on investing in the semiconductor sector, which is a critical component of the technology industry. A distinguishing characteristic of their investment strategy is the commitment to allocate at least 80% of the fund's total assets to U.S. semiconductor companies, excluding any assets held from securities lending. This strategy indicates a considerable concentration in a specific segment of the tech industry, reflecting a non-diversified investment approach. The targeting of U.S. semiconductor companies underscores the firm's conviction in the growth and importance of this sector within the technology industry and the overall economy.
Products and Services
- Float-Adjusted Capitalization Weighted Index
This product involves a financial index that is adjusted based on the market capitalization of companies, removing the influence of shares that are not available for public trading. The goal is to provide investors with a more accurate picture of the market by focusing on the free-floating shares that actually affect market dynamics.
- Investment in U.S. Semiconductor Companies
As a core service, the firm dedicates a substantial portion of its assets to investments in the U.S. semiconductor industry. This reflects a targeted approach, favoring a sector known for its innovation and pivotal role in various technology advancements. The focus on semiconductor companies showcases a belief in the growth potential and strategic importance of this industry.
- Specialized Investment Strategy
The firm employs a specialized investment strategy, emphasizing its non-diversified stance by concentrating its investments in the semiconductor sector. This strategy is designed for those who seek focused exposure to a critical and burgeoning industry, offering the potential for significant returns while also carrying the risks associated with a non-diversified portfolio.
