Future Financial Wealth Managment LLC Trims Stock Holdings in Strive 500 ETF $STRV

Future Financial Wealth Managment LLC reduced its stake in Strive 500 ETF (NYSEARCA:STRV) by 26.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,170 shares of the company’s stock after selling 5,901 shares during the quarter. Future Financial Wealth Managment LLC owned about 0.07% of Strive 500 ETF worth $648,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in STRV. NBC Securities Inc. purchased a new position in Strive 500 ETF in the 1st quarter valued at about $29,000. Parallel Advisors LLC lifted its holdings in Strive 500 ETF by 21.6% in the 2nd quarter. Parallel Advisors LLC now owns 11,305 shares of the company’s stock valued at $453,000 after purchasing an additional 2,005 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in shares of Strive 500 ETF by 13.1% during the first quarter. Pin Oak Investment Advisors Inc. now owns 19,834 shares of the company’s stock valued at $715,000 after buying an additional 2,294 shares during the period. S.A. Mason LLC lifted its stake in shares of Strive 500 ETF by 4.0% during the first quarter. S.A. Mason LLC now owns 59,834 shares of the company’s stock valued at $2,158,000 after buying an additional 2,280 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of Strive 500 ETF by 8.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 148,775 shares of the company’s stock valued at $5,365,000 after buying an additional 11,197 shares during the period.

Strive 500 ETF Stock Performance

Shares of STRV opened at $43.40 on Friday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The company’s 50 day simple moving average is $41.97 and its 200 day simple moving average is $39.06. Strive 500 ETF has a 1 year low of $30.88 and a 1 year high of $43.54.

Strive 500 ETF Profile

The Strive 500 ETF (STRV) is an exchange-traded fund that is based on the Solactive GBS United States 500 index. The fund tracks a market cap-weighted index of the 500 largest companies across all sectors in the US equity market. STRV was launched on Sep 15, 2022 and is managed by Strive.