Strive 500 ETF (NYSEARCA:STRV) Sets New 52-Week High – Time to Buy?

Strive 500 ETF (NYSEARCA:STRV)’s share price reached a new 52-week high on Wednesday . The company traded as high as $45.91 and last traded at $45.90, with a volume of 36481 shares changing hands. The stock had previously closed at $45.43.

Strive 500 ETF Stock Performance

The firm has a market capitalization of $1.04 billion, a PE ratio of 25.66 and a beta of 1.01. The business’s 50 day moving average is $43.51 and its two-hundred day moving average is $43.84.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Strive Asset Management LLC grew its stake in Strive 500 ETF by 5.3% in the 3rd quarter. Strive Asset Management LLC now owns 615,113 shares of the company’s stock valued at $26,573,000 after buying an additional 31,171 shares in the last quarter. S.A. Mason LLC grew its stake in Strive 500 ETF by 7.3% in the 4th quarter. S.A. Mason LLC now owns 73,009 shares of the company’s stock valued at $3,219,000 after buying an additional 4,990 shares in the last quarter. Captrust Financial Advisors grew its stake in Strive 500 ETF by 1.2% in the 4th quarter. Captrust Financial Advisors now owns 56,372 shares of the company’s stock valued at $2,485,000 after buying an additional 657 shares in the last quarter. Pin Oak Investment Advisors Inc. grew its stake in Strive 500 ETF by 15.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 25,971 shares of the company’s stock valued at $1,122,000 after buying an additional 3,390 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its stake in Strive 500 ETF by 52.3% in the 1st quarter. AdvisorNet Financial Inc now owns 7,738 shares of the company’s stock valued at $325,000 after buying an additional 2,658 shares in the last quarter.

Strive 500 ETF Company 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.